Matteo Gargantini selected as member of Consultative Working Group at European Securities and Markets Authority (ESMA)

25 January 2016

Dr. Matteo Gargantini has been selected as a member of the Consultative Working Group which advises ESMA’s Corporate Finance Standing Committee on issues related to prospectuses, transparency, corporate governance and takeover bids.

Dr. Matteo Gargantini, Senior Research Fellow in the Department of Regulatory Procedural Law, has been selected as one of the 17 members of the Consultative Working Group (CWG) of ESMA’s Corporate Finance Standing Committee (CFSC).

The European Securities and Markets Authority (ESMA) is a EU financial regulatory institution and an independent European Supervisory Authority in charge of supervising the proper functioning of the EU financial system by ensuring the integrity, transparency, efficiency and orderly functioning of securities markets, as well as by enhancing investor protection.

ESMA’s CFSC contributes to the consistent application of the Prospectus Directive and Transparency Directive in the EU and aims to build a common supervisory culture and consistent approaches between national competent authorities. The CFSC also facilitates the exchange of information in the area of takeover bids and identifies and addresses developments in the area of corporate governance, including those proposed by the European Commission.

Dr. Gargantini’s membership in the Consultative Working Group, which is composed of scholars and practitioners in the field of financial markets law, will last for two years until December 2017. The members of the Working Group attend the CFSC meetings at ESMA’s headquarters in Paris and provide their expertise to the Committee.

The MPI Luxemburg particularly welcomes this positive development within its third Department. The Department of Regulatory Procedural Law is still in its early stages and its Director is expected to be appointed in the near future. The Department investigates legal issues concerning regulation with a special focus on financial markets and banking law.

For more information on the work of the CFSC CWG see here.