ESMA Follow-Up Report on Cross-Border Investment Services Supervision
ESMA published a follow-up report to its 2022 Peer Review on the supervision of cross-border activities of investment firms. The report assesses progress by NCAs in the Netherlands, Germany, Czech Republic, Luxembourg, Cyprus, and Malta, highlighting stronger authorisation controls, data-driven supervision, and enhanced cooperation. ESMA encourages all NCAs to align supervisory approaches with the scale of cross-border activities.
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