ESMA - EU Securities Markets R🤨 #ESMA Board of Supervisors independently decides:
👉 if #infringements have been committed
👉 adopts measures
👉 imposes fines for infringements committed negligently/intentionally
ℹ️ Tier 2 TC-CCP case - decision prepared by CCP Supervisory Committee
ENFORCEMENT
As the single supervisor for Credit Rating Agencies (CRAs), Securitisation Repositories (SRs), Trade Repositories registered under EMIR and/or SFTR (TRs), Tier 2 Third-Country Central Counterparties (Tier 2 TC-CCPs), EU Critical Benchmark Administrators and Recognised Third-Country Administrators (Benchmark Administrators) as well as Data Reporting Service Providers (DRSP) in