Saturday, September 21, 2024
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Esma: Consults on rule changes to accommodate tokenized securities

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

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