ESMA appoints new chair of its Supervisory Convergence Standing Committee
Published By Europa [English], Thu, Dec 17, 2020 2:00 AM
The Board of Supervisors of the European Securities and Markets Authority (ESMA) has appointed Mr Jos Heuvelman, who is a Member of Executive Board of the Autoriteit Financiële Markten (AFM) of the Netherlands, to serve as the chair of the Supervisory Convergence Standing Committee (SCSC) and as chair of the Senior Supervisors Forum.
The SCSC’s mandate includes:
identifying topics for, and carrying out, peer reviews by ESMA;
promoting a common framework within ESMA in relation to supervisory convergence;
reporting to the ESMA Board on the implementation of the supervisory convergence work programme; and
dealing with cross-cutting issues of supervisory convergence that arise.
The standing committees are expert groups drawn from ESMA staff and Member States national competent authorities for securities markets regulation, and are responsible for the development of policy in their respective areas.
The appointment is effective immediately and will run until 1 February 2023.
Press release distributed by Media Pigeon on behalf of Europa, on Dec 17, 2020. For more information subscribe and follow