Finance & Currencies
EU stock watchdog deal gives ESMA more power, diplomats say
European Union countries agreed on Friday to give the European Securities and Markets Authority a stronger supervisory role over major market players, diplomats told AFP, as part of efforts to unify the bloc's financial markets.
The agreement would make ESMA a more powerful European securities watchdog. One diplomat said Deutsche Boerse, the Frankfurt stock exchange operator, will be excluded from the body's supervisory scope.
Update
The deal gives the European Securities and Markets Authority an enhanced supervisory role over major players.
A diplomat said Deutsche Boerse will be excluded from the body's supervisory scope.
The agreement is described as part of the EU's effort to unify financial markets.
Source note: AFP news report published on 9 October 2026 at 08:34:44 UTC.
Uncertainty notes
The supplied information does not specify when the new supervisory arrangements would take effect.
Source
AFP news report published on .