The European Securities and Markets Authority (ESMA) on Friday published its annual report on the quality and use of regulatory data, saying improvements in data quality and supervisory use “reinforce each other in a virtuous cycle.”
The sixth edition of the report covers measurable improvements across EMIR, SFTR, MiFIR, AIFMD, and MMFR. ESMA said both the regulator and national competent authorities (NCAs) are making greater use of the data for supervision, investor protection, and market monitoring.
The report also expands its scope for the first time to cover Prospectus reporting and ICT-related incident reporting under the Digital Operational Resilience Act (DORA). That brings operational resilience reporting into the same data quality framework ESMA applies to transaction and fund reporting.
ESMA said it is increasing automation, deploying advanced analytical tools, and coordinating with NCAs through shared dashboards and common data quality engagement frameworks.
Separately, ESMA is pursuing burden reduction through a 2025 Call for Evidence exploring options to remove reporting duplications across EMIR, MiFIR, and SFTR, including a potential “report once” approach.
Webinar
ESMA will host an online webinar on 18 June from 09:00 to 10:00 Paris time to present the report’s findings. Registration closes 17 June at 12:00 CEST.
