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ARTICLE · 10 APRIL 2014

ESMA Strengthens Cooperation In The EU

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On 26 March 2014, ESMA published guidelines which provide for national regulators to enter into and comply with the provisions of an MMoU.

European UnionFinance and Banking
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On 26 March 2014, ESMA published guidelines which provide for national regulators to enter into and comply with the provisions of a multilateral memorandum of understanding ("MMoU") which is a framework for cooperation and the exchange of information between regulators and between regulators and ESMA. The MMoU comes into effect on 29 May 2014.

ESMA's press release is available at: http://www.esma.europa.eu/content/Guidelines-cooperation-arrangements-and-information-exchange-between-competent-authorities-a .

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