The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today the annual assessment of the derogation criteria for data reporting services providers (DRSPs).
Two entities currently supervised at national level will come under ESMA’s direct supervision, as they do not fulfil the derogation criteria for the second consecutive year.
Based on 2023 data these two entities are Wiener Börse AG (operating an Approved Publication Arrangement (APA), domiciled in Austria) and KELER Központi Értéktár Zrt (operating an Approved Reporting Mechanism (ARM) and an APA, domiciled in Hungary). Both entities will be subject to ESMA supervision from 1 June 2025.
DRSPs (APAs and ARMs) are exempt from ESMA supervision when their activities are of limited relevance…
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