## European Union: Publication of Financial Sector Assessment Program Documentation—Technical Note on European Securities and Markets Authority

_IMF Staff Country Reports, March 15, 2013_

## Source details

**Canonical URL:** [European Union: Publication of Financial Sector Assessment Program Documentation—Technical Note on European Securities and Markets Authority](https://www.imf.org/en/publications/cr/issues/2016/12/31/european-union-publication-of-financial-sector-assessment-program-documentation-technical-40397)

## Other formats

- [Markdown version](/en/publications/cr/issues/2016/12/31/european-union-publication-of-financial-sector-assessment-program-documentation-technical-40397/index.md)
- [Structured JSON version](/en/publications/cr/issues/2016/12/31/european-union-publication-of-financial-sector-assessment-program-documentation-technical-40397/index.json)
- [Bundle manifest](/en/publications/cr/issues/2016/12/31/european-union-publication-of-financial-sector-assessment-program-documentation-technical-40397/bundle-manifest.json)

## Bibliographic details
- Published: March 15, 2013
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781475552201.002

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### Overview and purpose
- 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.
- The assessment of the ESMA in the European Union is described as a next level in economic development.

### Crisis management and risk monitoring
- In crisis management, ESMA focused on coordination.
- ESMA identified and monitored risks during crises.

### Regulatory and supervisory roles
- ESMA played an important role in the single rule book credit rating agency supervision.
- ESMA’s functions encompassed regulation and supervision of securities markets.

### Subject areas covered
- 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 and governance topics
- 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

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## Content in this bundle

- **Cr1369**
  - [Cr1369 (Markdown version)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr1369.pdf.md){rel="alternate" type="text/markdown"}
  - [Cr1369 (PDF)](/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2013/_cr1369.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2016/12/31/european-union-publication-of-financial-sector-assessment-program-documentation-technical-40397_