ESMA 2022 Annual Work Programme
Monday 04 October 2021 ESMA Visit source website1 Foreword and general context
The European Securities and Markets Authority’s (ESMA) work programme for 2022 is established at a time of significant change for the Authority. The review of its founding Regulation (the ESAs’ Review) and the European Market Infrastructure Regulation (EMIR 2.2) including the set-up of the Central Clearing Counterparty (CCP) Supervisory Committee have had a considerable impact on ESMA’s activities and organisation since 2020. In 2022, ESMA will continue to focus on its objectives of enhancing investor protection and promoting stable and orderly financial markets. As such, ESMA will continue to contribute to the EU priorities in relation to the development of a Capital Markets Union (CMU), Innovation and Digitalisation, and Sustainable Finance. In 2022, new mandates will be exercised as ESMA will start supervising critical benchmark administrators and Data Reporting Service Providers (DRSP), with the latter focusing in particular on the availability and integrity of transaction data provided to NCAs for the purposes of market abuse monitoring. In line with EMIR, ESMA will continue to play a critical role in the area of CCPs, monitoring third-country CCPs, directly supervising CCPs representing a systemic risk to the financial stability of the Union (Tier 2 CCPs) and promoting greater convergence in the supervision of EU CCPs.