ESMA’s risk assessment agenda for the year

This Risk Assessment Work Programme provides an overview of the analytical, research, data and statistical activities by ESMA scheduled to be undertaken in 2017. ESMA’s 2017 risk assessment agenda is focused on further developing ESMA’s proprietary data sources and their analytical exploitation.

Main points of the risk assessment agenda:

  • completing the necessary technical infrastructure for data processing, and programming in order to use the data for analytical evaluation, as market data collected under the AIFMD, MiFID and EMIR mandates and others are becoming available;
  • enhancing ESMA’s risk monitoring capacities, generating market descriptive statistics as well as sophisticated risk indicators and metrics on the basis of new proprietary data;
  • pursuing in-depth research around key topics, including market and fund liquidity, fund leverage, and the impact of innovation especially in the areas of market infrastructures and investment advice; and
  • continuing impact assessment activities and further enhance stress testing work, aiming at successively more sophisticated Union-wide tests on Central Counterparties, and developing ESMA’s approach to investment fund stress testing going forward.

Source: ESMA