ESMA’s Supervisory Coordination network concludes its work

29 May 2020

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Saturday, May 30, 2020

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29 May 2020
Supervisory convergence

The European Securities and Markets Authority (ESMA), the EU securities markets regulator, today announces the finalisation of the work of the Supervisory Coordination Network (SCN).
It was composed of senior supervisors from the EU27 NCAs and chaired by Verena Ross, ESMAs Executive Director.
As the Withdrawal Agreement entered into force on 31 January 2020, the work of the SCN is coming to an end.
With the SCN, ESMA has set up a coordination model that facilitated open discussions and allowed supervisors to reach practical common supervisory solutions.