FCA said Tim Parkes to become chair of its regulatory decision committee in January
The European Securities
and Markets Authority (Esma) on Monday said it would reorganise
its divisions from November as it looks to evolve from
post-crisis rule-making to implementation as part of its
2016-2020 strategic plan.
reorganisation, the regulator’s divisions and
units are to be replaced by seven departments, including a new
supervision department, which will integrate credit rating
agencies and trade repositories supervision.
Credit rating agency
policy work will be integrated into the renamed investors and
issuers department, previously the investment and reporting
division, while trade repository policy work will remain with
the markets department, the regulator said.
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