Annemie Rombouts, deputy chairwoman of the Financial Services and Markets Authority (FSMA), has been appointed chairwoman of the Issuer Standing Committee (ISC) of the European Securities and Markets Authority (ESMA).
The ISC plays a central role within ESMA and deals with the preparation and development of the European regulation on issuer information. The Committee contributes to the further development and monitoring of European regulations. It also promotes supervisory convergence on issues such as financial and sustainability reporting, the prospectus regime, takeover bids, transparency about major shareholdings and corporate governance.
Jean-Paul Servais, chairman of the FSMA: ‘This appointment underlines the FSMA’s active role within the European supervisory landscape. The regulation of the relevant domains is currently in full evolution and, inter alia in the context of the European competitiveness agenda, the adequate balance between an appropriate level of investor protection and the efforts demanded of companies requires monitoring.’
ESMA's standing committees are composed of high-level representatives of national supervisors. They are responsible for policy preparation within their respective domains.
You can find more information on the appointments within ESMA in this press release.