ESMA,欧洲证券及市场管理局官网，www.esma.europa.eu政府是批准OTC产品进行强制性中央结算的唯一权威机构。欧洲市场设施管理条例(EMIR)中对所有在OTC及未受管制市场交易的衍生品合约进行了规定。
欧盟金融监管体系是欧盟在应对金融危机时创建的金融监管框架的体制架构
2011年1月1日其使命是建立一套欧盟统一的资本市场监管规则
ESMA拥有制定规章的权力金融机构参与者被要求向交易数据库进行报告对于非金融机构参与者来说这类报告必须在执行、修改或者结清的一个工作日内完成。
ESMA is an independent EU Authority that contributes to safeguarding the stability of the European Unions financial system by ensuring the integrity, transparency, efficiency and orderly functioning of securities markets, as well as enhancing investor protection. In particular, ESMA fosters supervisory convergence both amongst securities regulators, and across financial sectors by working closely with the other European Supervisory Authorities competent in the field of banking (EBA), and insurance and occupational pensions (EIOPA).
ESMAs work on securities legislation contributes to the development of a single rule book in Europe. This serves two purposes; firstly, it ensures the consistent treatment of investors across the Union, enabling an adequate level of protection of investors through effective regulation and supervision. Secondly, it promotes equal conditions of competition for financial service providers, as well as ensuring the effectiveness and cost efficiency of supervision for supervised companies. As part of its role in standard setting and reducing the scope of regulatory arbitrage, ESMA strengthens international supervisory co-operation. Where requested in European law, ESMA undertakes the supervision of certain entities with pan-European reach.
Finally, ESMA also contributes to the financial stability of the European Union, in the short, medium and long-term, through its contribution to the work of the European Systemic Risk Board, which identifies potential risks to the financial system and provides advice to diminish possible threats to the financial stability of the Union. ESMA is also responsible for coordinating actions of securities supervisors or adopting emergency measures when a crisis situation arises.
Whilst ESMA is independent, there is full accountability towards the European Parliament where it will appear before the relevant Committee known as ECON, at their request for formal hearings. Full accountability towards the Council of the European Union and European Commission also exists. The Authority will therefore report on its activities regularly at meetings but also through an Annual Report.欧洲市场管理机构。
