Page 40 - 期货和衍生品行业监管动态（2025年12月）
P. 40

期货和衍生品行业监管动态




                   identify, prevent, and manage conflicts of interest when offering investment products

                   to retail clients.


                        The CSA will focus on:


                               The possible impact of staff remuneration and inducements on what

                                products are offered to investors.


                               The role of digital platforms in directing investors towards certain

                                products, and whether this serves their best interests.


                               The ways firms manage potential conflicts between their own profits and

                                the needs of retail investors.


                        ESMA expects that this initiative, together with the exchange of practices among

                   NCAs, will contribute to the consistent application of EU rules and strengthen

                   investor protection in line with its objectives.


                        Next steps


                        ESMA and the NCAs will carry out the CSA during 2026.


                   https://www.esma.europa.eu/press-news/esma-news/esma-launch-common-supervisor


                   y-action-mifid-ii-conflicts-interest-requirements






                   15. 欧盟证券与市场管理局对欧盟委员会关于市场一体化的提案表示欢迎（2025


                   年 12 月 4 日）



                        欧盟证券与市场管理局（ESMA，欧盟证券市场的监管者），对欧盟委员会

                   发布的关于市场一体化与监管的立法提案表示欢迎。该系列措施是朝着建立更深

                   入、更高效欧盟资本市场迈出的重要一步，并体现了 ESMA 在 2024 年关于建设

                   更有效、更具吸引力欧盟资本市场的立场文件中提出的多项建议。


                        该提案直接解决了因各国规则和监管实践差异导致的市场碎片化问题。通过


                                                              26
   35   36   37   38   39   40   41   42   43   44   45