European Securities and Markets Authority

What is the European Securities and Markets Authority?

The European Securities and Markets Authority (ESMA) supervises the EU Single Market, improving investor protection and introducing legislation that creates a stable financial market.

On 1 January 2011 it replaced the Committee of European Securities Regulators (CESR) and is one of the three new European Supervisory Authorities set up in response to the 2008 global financial crisis.

Where have you heard about the European Securities and Markets Authority?

You may have heard of the European Securities and Markets Authority and its predecessor, as they’re responsible for introducing regulation that provides greater protection for investors.

What you need to know about the European Securities and Markets Authority.

Its main objectives are to:

• Provide investor protection by assessing risks and strengthening the rights of investors
• Promote orderly markets by ensuring transparency and efficiency through legislation
• Create financial stability by strengthening the financial system and encouraging economic growth

Should a financial crisis occur, the European Securities and Markets Authority is responsible for coordinating the emergency measures securities supervisors will need to take.