Esma sounds out industry for ways to cut reporting burden
Markets watchdog asks consultative groups for ideas to simplify reporting rules

The European Securities and Markets Authority is reviewing industry feedback it solicited about ways in which the European Union could reduce regulatory reporting costs.
In February, Esma announced it would engage with stakeholders to identify where reporting burdens could be pared back, to support the European Commission’s aim to simplify its rules and enhance the attraction of operating in the bloc’s financial sector.
Esma hosts several working groups of industry representatives that meet to
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