Newsflash: ESMA to review its Guidelines on ETFs and Other UCITS Issues

October 10, 2017

The European Securities and Markets Authority (ESMA) has published its 2018 Work Programme (the Programme), which sets out ESMA's priorities and areas of focus for 2018. Supervisory convergence and the assessment of risks are the two headline areas identified by ESMA. In the area of Investment Management, ESMA has identified a key objective of achieving measurable improvements in the level of convergence regarding the application by National Competent Authorities (NCAs) of EU legislation on investment management through the development of guidance and application of supervisory convergence tools.

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