During 2019, the European Securities and Markets Authority (ESMA) will focus on cybersecurity, securing IT systems and protecting the security of trade repositories and credit agencies, after the regulator identified these as prime concerns in its annual supervision programme. The ESMA is also working with national regulators to develop a common framework for cyber risk management that would include an assessment of risks related to blockchain technology and smart contracts.
During 2019, the European Securities and Markets Authority (ESMA) will focus on cybersecurity, securing IT systems and protecting the security of trade repositories and credit agencies, after the regulator identified these as prime concerns in its annual supervision programme. ESMA directly oversees 27 credit ratings agencies and eight trade repositories.