ESMA publishes latest Spotlight on Markets newsletter featuring updates on market integration and transparency

ESMA, the EU's financial markets regulator, released its latest Spotlight on Markets newsletter. The newsletter highlights ESMA's support for the European Commission's market integration proposal, emphasizing efficient capital markets. A key announcement covers the selection of the equity consolidated tape provider. The newsletter features finalized reports on non-equity transparency and cross-border investment activity. ESMA will launch a Common Supervisory Action focusing on MiFID II conflicts of interest. The European Supervisory Authorities designated critical ICT third-party providers under DORA. The newsletter also discusses ESMA's findings on UCITS distribution costs aimed at investor protection. Verena Ross will step down as ESMA Chair at the end of her term. The newsletter announces new Management Board members and a renewed mandate. Executive Director Natasha Cazenave's mandate was also renewed, and readers are encouraged to follow ESMA on LinkedIn and X for updates.