Regulator interview: Esma's Steven Maijoor reveals all on ETFs

Regulator Q&A: Steven Maijoor

Steven Maijoor, Esma

What does the European Securities and Markets Authority (Esma) make of exchange-traded funds, and where does it believe these investments fit within the regulatory architecture of the European Commission?

A first important summary of our thinking on the exchange-traded funds (ETFs) front is contained in the document Esma published at the end of January, in the form of draft future guidelines for ETFs within the Undertaking for Collective Investment in Transferable Securities (Ucits) framework.


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