ESMA launches Common Supervisory Action with NCAs on the risk management function
Why this matters
ESMA's Common Supervisory Action focuses on risk management function compliance under UCITS and AIFMD frameworks, affecting investment managers and funds. The announcement is informational regarding a supervisory exercise with results expected in 2028, not requiring immediate action.
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What the ESMA said
ESMA launches Common Supervisory Action with NCAs on the risk management function 03 July 2026 Risk monitoring The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching a Common Supervisory Action (CSA) on risk management function of UCITS management…
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Context
European Securities and Markets Authority (ESMA) — EU securities markets authority. We track 97 updates from them.
EU-wide financial regulation through ESMA, EBA, and the ECB. Browse all European Union updates.
This update is classified under Prudential / Capital Requirements, Senior Managers / Governance, Investment Management and Capital Markets & Trading.