• ESMA Recommends action by financial market participants for COVID-19 impact

ESMA Recommends action by financial market participants for COVID-19 impact

12 March 2020

The Board of Supervisors met to discuss the market situation and contingency measures related to the effects of COVID-19. ESMA has decided to make recommendations related to financial market participants on the following topics:

  • Business continuity planning;
  • Market disclosures;
  • Financial reporting; and
  • Fund management.

The article may be accessed here.