Recommendations – Guidelines of ESMA

2024

ΕSMA Guidelines on funds' names using ESG or sustainability-related terms

ΕΒΑ Guidelines on the application of the group capital test for investment firm groups

ΕΒΑ Guidelines on benchmarking of diversity policies including diversity policies and gender pay gap under Directive 2013/36/EU and Directive (EU) 2019/2034

(Updated) Guidelines on stress test scenarios under the MMF Regulation

Guidelines on the assessment of resolvability (article 15 (5) of the CCPRRR)

Guidelines on the summary of resolution plans

Guidelines on transfer of data between trade repositories under EMIR and SFTR

Guidelines on written arrangements and procedures for the functioning of resolution colleges

Guidelines on the type and content of the provisions of Co-operation Arrangements (Article 79 CCPRRR)

2023

ESMA Guidelines for reporting under EMIR

ΕSMA Guidelines on MiFID II product governance requirements

ESMA Guidelines on the methodology to be used by the resolution authorities for determining the valuation of contracts prior to their termination as referred to article 29 (1) of the CCPRRR

ESMA Guidelines on the consistent application of the triggers for the use of Early Intervention Measures (art. 18 (8) of the CCPRRR)

ESMA Guidelines further specifying the circumstances for temporary restrictions in the case of a significant non-default event in accordance with article 45a of EMIR

ΕSMA Guidelines on the application of circumstances under which a central counterparty is deemed to be likely or likely to fail

Joint EBA and ESMA Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) under Directive (EU) 2019/2034 (EBA/GL/2022/09)

ESMA Guidelines on CCP recovery plan scenarios (Article 9 (12) of CCPRRR)

ESMA Guidelines on CCP recovery plan indicators (Article 9 (5) of CCPRRR)

ΕΒΑ Guidelines to resolution authorities on the publication of the write-down and conversion and bail-in exchange mechanic

ESMA Guidelines on certain aspects of MiFID II remuneration requirements

ESMA Guidelines on certain aspects of the MiFID II suitability requirements

ESMA Guidelines on standard forms, formats and templates to apply for permission to operate a DLT market infrastructure

ΕSMA Guidelines on stress test scenarios under the MMF Regulation

ΕΒΑ Guidelines for institutions and resolution authorities to complement the resolvability assessment for transfer strategies (transferability guidelines)

2022

ΕSMA guidelines on the scope of the CRA Regulation

EBA Guidelines on the benchmarking exercises on remuneration practices and the gender pay gap under Directive (EU) 2019/2034

EBA Guidelines on the benchmarking exercises on remuneration practices, the gender pay gap and approved higher ratios under Directive 2013/36/EU

EBA Guidelines on common procedures and methodologies for the supervisory review and evaluation process (SREP) and supervisory stress testing under Directive 2013/36/EU

ΕΒΑ Guidelines on policies and procedures in relation to compliance management and the role and responsibilities of the AML/CFT Compliance Officer

EBA Guidelines on data collection exercises regarding high earners under Directive 2013/36/EU and Directive (EU) 2019/2034

ΕΒΑ Guidelines on the criteria for the exemption of investment firms from liquidity requirements in accordance with article 43 (4) of Regulation (EE) 2019/2033

ESMA 2021 Update of the Guidelines on stress test scenarios under the MMF Regulation

ESMA Guidelines on common procedures and methodologies on supervisory review and evaluation process of CCPs under Article 21 of EMIR

MAR Guidelines - Delay in the disclosure of inside information and interaction with prudential supervision

Guidelines on certain aspects of the MiFID II appropriateness and execution only request

2021

Guidelines on settlement fails reporting under article 7 of CSDR

Guidelines on methodology, oversight function and record keeping under the Benchmarks Regulation

EBA Guidelints on internal governance under Directive (EU) 2019/2034

ΕΒΑ Guidelines on sound remuneration policies under Directive (EU) 2019/2034

Joint EBA and ESMA Guidelines on the assessment of the suitability of members of the management body and key function holders

Guidelines on MiFID II/MIFIR obligations on market data

Guidelines on marketing communications under the regulation on cross-border distribution of funds

(EBA) Guidelines on customer due diligence and the factors credit and financial institutions should consided when assessing the ML and TF risk associated with individual business relationship and occasional transactions ("The ML/TF Risk Factors Guidelines"), under articles 17 and 18 (4) of Directive (EU) 2015/849

Guidelines on written agreements between members of CCP colleges

(2020 Update of the) Guidelines on stress tests scenarios under article 28 of the MMF Regulation

Guidelines on article 25 of Directive 2011/61/EU

Guidelines on outsourcing to cloud service providers

Guidelines on certain aspects of the MiFID II compliance function requirements

Guidelines on reporting under articles 4 and 12 of SFTR

Guidelines on disclosure requirements under the Prospectus Regulation

2020

Guidelines on securitisation repository data completeness and consistency thresholds

Guidelines on performance fees in UCITs and certain types of AIFs

Guidelines on liquidity stress testing in UCITS and AIFs

Guidelines on the reporting to competent authorities under article 37 of the MMF Regulation

Guidelines on standardised procedures and messaging protocols under Article 6 (2) of Regulation (EE) 909/2014

Joint Guidelines on co-operation and exchange of information for the purpose of co-operation of Directive (EU) 2015/849 between the competent authorities supervising credit and financial institutions - The AML/CFT colleges guidelines

Guidelines on stress test scenarios under the MMF regulation

2019

Guidelines on risk factors under the prospectus regulation

Guidelines on non-significant benchmarks under Benchmarks Regulation

Guidelines on the application of C6 and C7 of Annex 1 of MiFID II

Guidelines on internalised settlement reporting under article 9 of the CSDR

Guidelines on CCP APC margin measures

Guidelines on CCP conflict of interest management

2018

Guidelines on certain aspects of the MiFID II suitability requirements

Guidelines on the Process for the Calculation of the Indicators to Determine the Substantial Importance of a CSD for a Host Member State

Guidelines on the Process for the Calculation of the Indicators to Determine the Most Relevant Currencies in which Settlement Takes Place

Guidelines on Cooperation between Authorities under Articles 17 and 23 of Regulation (EU) No 909/2014

Guidelines (EBA) οn the STS criteria for ABCP securitisation

Guidelines (EBA) on the STS criteria for non-ABCP securitisation

Joint ESMA and EBA Guidelines on the assessment of the suitability of members of the management body and key function holders

Guidelines on complaints-handling for the securities and banking sectors

Guidelines on stress tests scenarios under Article 28 of the MMF Regulation

Guidelines on MiFID II product governance requirements

Joint Guidelines under articles 17 and 18(4) of Directive (EU) 2015/849 on simplified and enhanced customer due diligence and the factors credit and financial institutions should consider when assessing the money laundering and terrorist financing risk associated with individual business relationships and occasional transactions

2017

Guidelines on the management body of market operators and Data Reporting Service Providers (DRSPs) (ESMA70-154-271)

Guidelines on transaction reporting, order record keeping and clock synchronization under MiFID II (ESMA/2016/1452)

Guidelines: calibration of circuit breakers and publication of trading halts under MiFID II

Guidelines, Access by a CSD to the transaction feeds of CCPs and trading venues

Guidelines CSD participants default rules and procedures

Joint Guidelines on the prudential assessment of acquisitions and increases of qualifying holdings in the financial sector (ESAs/2016/01)

Joint Guidelines on the characteristics of a risk‐based approach to anti‐money laundering and terrorist financing supervision, and the steps to be taken when conducting supervision on a risk‐sensitive basis (‘the Risk-Based Supervision Guidelines’) (ESAs/2016/72)

Guidelines on the validation and review of Credit Rating Agencies’ methodologies

MAR guidelines on information relating to commodity derivatives markets or related spot markets for the purpose of the definition of inside information on commodity derivatives

2016

ESMA Public Statement – Issues on implementation of IFRS 9

EBA Report – Impact assessment of IFRS 9

ESMA Public Statement – European Common Enforcement Priorities for 2016 financial statements

MAR Guidelines - Persons receiving market soundings

MAR Guidelines - Delay in the disclosure of inside information

Guidelines on sound remuneration policies under the UCITS Directive

Guidelines on sound remuneration policies under the AIFMD

ESMA Public Statement - Issues for consideration in implementing IFRS 15: Revenue from Contracts with Customers

Guidelines on cross-selling practices

ESMA reminder on Alternative Performance Measures Guidelines coming into force on 03.07.2016

Indicative list of financial instruments that are subject to notification requirements according to Article 13(1b) of the revised Transparency Directive (ESMA-2015-1598)

Transparency Directive - Questions & Answers (ESMA-2015-1595)

Guidelines for the assessment of knowledge and competence

Guidelines on complex debt instruments and structured deposits

ESMA Public Statement - Improving the quality of disclosures in the financial statements

ESMA Public Statement - European common enforcement priorities for 2015 financial statements

ESMA Guidelines on Alternative Performance Measures

ESMA Opinion - Application of the IFRS requirements in relation to the recognition of contributions to Deposit Guarantee Schemes in IFRS accounts

ESMA Public Statement - 2014 European common enforcement priorities

ESMA Public Statement - European common enforcement priorities for 2013 financial statements

Market Abuse Directive: Level 3 - first set of CESR guidance and information on the common operation of the Directive to the market

Market Abuse Directive: Level 3 - second set of CESR guidance and information on the common operation of the Directive to the market

Market Abuse Directive: Level 3 - third set of CESR guidance and information on the common operation of the Directive to the market

Guidelines on ETFs and other UCITS issues - Consultation on recallability of repo and reverse repo arrangements

2015

Guidelines on the application of the definitions in Sections C6 and C7 of Annex I of Directive 2004/39/EC (MiFID)

2014

Joint Guidelines on complaints handling for securities (ESMA) and banking (EBA) sectors

Revision of the provisions on diversification of collateral in ESMA's Guidelines on ETFs and other UCITS issues (ESMA/2014/294)

2013

ESMA-EBA Principles for Benchmark-Setting Processes in the EU (ESMA/2013/659)

ESMA update of the CESR recommendations The consistent implementation of Commission Regulation (EC) No 809/2004 implementing the Prospectus Directive (ESMA/2013/319)

Final report Guidelines on sound remuneration policies under the AIFMD (ESMA/2013/201)

2012

ESMA Public Statement - European common enforcement priorities for 2012 financial statements (ESMA/2012/725)
ESMA Public Statement - Treatment of Forbearance Practices in IFRS Financial Statements of Financial Institutions (ESMA/2012/853)

2011

Guidelines on the application of the endorsement regime under Article 4 (3) of the Credit Rating Agencies Regulation No 1060/2009 (ESMA/2011/139)

ESMA update of the CESR recommendations The consistent implementation of Commission Regulation (EC) No 809/2004 implementing the Prospectus Directive (ESMA/2011/81)