What is ESMA in NSN?

Answer 1

ESMA in NSN refers to the European Securities and Markets Authority, which is an independent European Union authority that enhances investor protection and promotes stable and orderly financial markets. It plays a crucial role in developing a single rulebook for financial regulation in Europe, ensuring consistent application of rules across member states. ESMA also contributes to the supervision of financial entities and oversees credit rating agencies and trade repositories. Its primary goal is to foster transparency, integrity, and efficiency in the financial markets.