Esma: Consults on rule changes to accommodate tokenized securities
- ESMA is an independent EU Authority established in 2011. It works closely with the national competent authorities
- Europe’s top securities regulator is seeking submissions on the need for amending the RTS on reporting
- The call for evidence from the European Securities and Markets Authority asks for input from stakeholders
- The agency is consulting on a pilot regime for market infrastructures based on DLT
- The aim is to ensure more efficient, secure, and cost-effective management of the data stored on DLTs
- Amendments to the rules are required it will draw up proposals for submission to the European Commission for adoption