Lack of Quality Assurance System Jeopardises Capital Markets Union
The European Securities and Market Authority (ESMA) consultation on the European Single Access Point (ESAP) closed on 8 March 2024. The European Federation of Financial Analysts Societies (EFFAS) actively participated in the consultation. EFFAS strongly supports the concept of the ESAP. “However, we do see an urgent need to supplement a quality assurance system”, says…