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From Design to Implementation: Five Levers for Effective EU Capital Market Supervision

The AMF and AFM have published a joint position paper identifying five key levers to strengthen EU capital market supervision. The paper supports the evolution of ESMA from a framework-setting body to a direct European supervisor under the Market Integration and Supervision Package (MISP). It aims to inform ongoing EU discussions on market integration and supervisory convergence.

22 Jul 2026FR_AMF