ESMA publishes guidelines on suitability assessment for management body of market operators and data reporting service providers
ESMA Guidelines and Recommendations
Date:
06 October 2017
On 28 September 2017, the European Securities and Markets Authority (ESMA) published its Guidelines for the management body of market operators and data reporting services providers.
The Guidelines clarify the criteria to be used to assess whether the management body of market operators and DRSPs, and each of its individual members, are suitable to ensure sound and prudent management of the firms as well as exercise effective responsibility for the activities undertaken by those firms.