ESMA and ACER update Memorandum of Understanding to strengthen cooperation
ESMA Guidelines and Recommendations
Date:
24 March 2023
On 6 March 2023, the European Securities and Markets Authority (ESMA) and the EU Agency for the Cooperation of Energy Regulators (ACER) have signed an updated
Memorandum of Understanding (MoU) which strengthens collaboration between the two institutions. The MoU notably incorporates new cooperation areas under the
market correction mechanism (MCM) Regulation and benchmarks related to the energy sector. It also
details the role of the recently established
ACER–ESMA Task Force.