ESMA responds to Commission Green Paper on Retail Financial Services

The European Securities and Markets Authority (ESMA) has today published its response to the European Commission’s Green Paper on Retail Financial Services (the ‘Green Paper’).

In the response, ESMA conveys its views on a number of topics covered in the Green Paper which are considered relevant to ESMA as well as on ESMA’s activities and their contribution to the objective of ensuring providers and customers of retail financial products make better use of the Single Market. This response should be considered in the broader context of ESMA’s response to the European Commission’s Capital Markets Union Green Paper.

The ESMA statement and the full response are available here.

Lavanya Rathnam

Lavanya Rathnam is an experienced technology, finance, and compliance writer. She combines her keen understanding of regulatory frameworks and industry best practices with exemplary writing skills to communicate complex concepts of Governance, Risk, and Compliance (GRC) in clear and accessible language. Lavanya specializes in creating informative and engaging content that educates and empowers readers to make informed decisions. She also works with different companies in the Web 3.0, blockchain, fintech, and EV industries to assess their products’ compliance with evolving regulations and standards.

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