On 20 July 2021, European Commission published the Proposal for a Regulation of the European Parliament and of the Council establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism and amending Regulations (EU) No 1093/2010, (EU) 1094/2010, (EU) 1095/2010 (COM(2021) 421 final / 2021/0240 (COD)) to amend the ESMA Regulation (1095/2010/EU).
The condensed text below shows the proposed amendments from the COM(2021) 421 final / 2021/0240 (COD) for affected provisions only.
- Article 1 Establishment and scope of action
- Article 40 Composition
- Article 54 Establishment
Article 1 Establishment and scope of action
1. This Regulation establishes a European Supervisory Authority (European Securities and Markets Authority) (hereinafter the Authority').
2. The Authority shall act within the powers conferred by this Regulation and within the scope of Directives 97/9/EC, 98/26/EC, 2001/34/EC, 2002/47/EC, 2004/109/EC, 2009/65/EC, Directive 2011/
…