Since its establishment in 2011, the European Securities and
Markets Authority (ESMA) has become a pivotal actor in EU financial
market regulation and supervision. Its burgeoning influence extends
from the rule-making process to supervisory
convergence/coordination to direct supervision. Reflecting the now
critical importance of ESMA to how the EU regulates and supervises
financial markets, and with ESMA at an inflection point in its
evolution, particularly in light of the Commission's 2017 proposals
to reform ESMA and the UK's withdrawal from the EU, The Age of ESMA
maps, contextualises, and examines ESMA's role and the implications
for EU financial market governance.
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