EU Eyes SEC-Style Regulator To Oversee Stock And Crypto Exchanges Across The Bloc
The European Commission is considering a Securities and Exchange Commission (SEC)-style regulator by giving the European Securities and Markets Authority (ESMA) direct oversight of stock and crypto exchanges. According to a Financial Times report that cited people familiar with the matter, an upcoming draft proposal that is expected by December would expand ESMA’s powers to supervise stock and crypto exchange platforms, crypto asset service providers, and other trading-focused infrastructure. It would expand ESMA’s jurisdiction to grant it authority to resolve disputes between asset managers. ESMA Chair Verena Ross said the upcoming proposal seeks to address “continued fragmentations in markets” and create a unified capital market across Europe. She confirmed last month that the commission plans to transfer oversight of the financial sector from national regulators to the ESMA. 🔵 2026 is set to be a year of simplification, strengthened supervi...