Page 21 - 期貨和衍生品行業監管動態（2025年10月）

期貨和衍生品行業監管動態

Natasha Cazenave, Executive Director of ESMA, said:

“ESMA’s ongoing supervisory responsibilities will expand in 2026, through the

authorisation and supervision of Consolidated Tape Providers (CTPs), external

reviewers under the European Green Bond framework (EUGBR), ESG rating

providers, and the extension of third-country benchmark supervision. ESMA and its

fellow European Supervisory Authorities will also, for the first time, jointly exercise

the oversight of critical third party providers under the Digital Operational Resilience

Act (DORA).

These new responsibilities will complement our existing mandates and be subject

to our risk based, data driven and outcome focused supervision. Through extensive

outreach and preparatory work, ESMA supervisory teams are gearing up to take on

these new responsibilities."

Supporting the Saving and Investments Union (SIU)

In 2026, ESMA will continue to build on existing priorities, supporting the

forthcoming strategic developments set out by the Commission’s Saving and

Investments Union (SIU) Strategy. This includes aligning supervisory practices across

Member States, enhancing market data capabilities, and actively contributing to

upcoming reforms designed to create a more integrated and globally competitive EU

financial system. ESMA also aims at seizing opportunities arising from digitalisation,

for example by facilitating the simplification and use of clear language in disclosures.

ESMA’s activities will remain closely aligned with the agenda of the European

Commission and co-legislators, maintaining the agility needed to address evolving

regulatory, economic, and technological landscapes. This responsiveness is crucial as

volatility, uncertainty, and rapid change shape the global environment and impact EU

financial markets. Given the significance of the forthcoming proposals under the

Savings and Investments Union, ESMA stands ready to provide its technical expertise

and support to the preparation and implementation of the new legislative files that will

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