European Union: Publication of Financial Sector Assessment Program Documentation—Technical Note on European Securities and Markets Authority
March 15, 2013
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This article reviews the European Securities and Markets Authority (ESMA) of the European Union. ESMA performed a role in the regulation and supervision of the securities market. ESMA was created to supervise the financial system to enhance financial markets. In crisis management, ESMA focused on coordination, and identified and monitored risks. It also played an important role in the single rule book credit rating agency supervision. The assessment of the ESMA in the European Union is a next level in economic development.
Subject: Budget planning and preparation, Crisis management, Financial crises, Financial markets, Financial sector policy and analysis, Financial sector stability, Labor, Public financial management (PFM), Securities markets
Keywords: Budget planning and preparation, CR, Crisis management, ESMA chair, ESMA official, ESMA regulation, ESMA staff, Europe, Financial sector stability, Global, governance structure, ISCR, Securities markets, simulation exercise
Pages:
34
Volume:
2013
DOI:
Issue:
069
Series:
Country Report No. 2013/069
Stock No:
1EUREA2013005
ISBN:
9781475552201
ISSN:
1934-7685
