The Commission announced the proposal for the ‘Market integration package’, providing the following general information:

• Press release
• Communication on the package
• Questions and answers
• Factsheet: Breaking down barriers to integrate financial markets

One of the elements of the proposal (press release):

transferring direct supervisory competences over significant market infrastructures such as certain trading venues, Central Counterparties (CCPs), CSDs, and all Crypto-Asset Service Providers (CASPs) to the European Securities and Markets Authority (ESMA) and enhancing ESMA’s coordination role for the asset management sector

The package is supposed to support the Commission’s simplification and competitiveness agenda and creates “more legal certainty for digital innovation” (questions and answers).

Legislative proposals and accompanying documents

Communication:
Communication on the further development of capital market integration and supervision within the Union

Proposals:
* Proposal for a regulation regarding the further development of capital market integration and supervision within the Union – Master regulation
* Proposal for a directive regarding the further development of capital market integration and supervision within the Union – Master directive
* Proposal for a Settlement Finality Regulation (SFR)

Impact assessment:
* Impact assessment accompanying the legislative proposal
* Executive summary of the impact assessment accompanying the legislative proposals

Studies:
* Study of barriers to, and drivers of, the scaling‑up of funds investing in innovative and growth companies
* Study on consolidation and reducing fragmentation in trading and post‑trading infrastructures in Europe