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ESMA Calls for New Members to Join Securities Markets Stakeholder Group

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The European Securities and Markets Authority (ESMA), the regulator and supervisor for EU financial markets, is looking for new members to join its Securities Markets Stakeholder Group (SMSG). The group serves as a conduit for stakeholder consultation delivering technical advice on the authority’s policies and activities and offering insights into market developments. The aim is to ensure ESMA’s regulatory framework remains responsive and informed by a wide range of perspectives.

In parallel, the European Banking Authority (EBA) and the European Insurance and Occupational Pensions Authority (EIOPA) are set to issue calls for candidates for their respective stakeholder groups within the first quarter of 2024.

Thanking the outgoing SMSG, ESMA chair Verena Ross, noted the importance of a balanced representation of stakeholder views within the group, particularly emphasising the need for voices from consumers, users of financial services, financial sector employees, and small and medium-sized enterprises.

Candidates interested in joining the SMSG should submit their applications by the end of 18 March 2024. Details for application submission are available on ESMA’s official website. The selection process will culminate with ESMA’s Board of Supervisors making the final decision on the SMSG’s composition in May 2024. The appointed members will commence their four-year term on 1 July 2024.

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