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Euronews

Doloresz Katanich

EU countries agree to shift oversight of major financial markets to European authority ESMA

European Union ESMA Deutsche Börse

EU countries have agreed on a package to strengthen the bloc’s financial markets watchdog at a meeting of finance ministers in Luxembourg on Friday.

The Market Integration and Supervision Package (MISP) would give the European Securities and Markets Authority (ESMA) direct oversight of major market operators currently supervised by national authorities.

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