In November 2024, the value of certain crypto-assets has significantly and suddenly increased, hitting new records. This reflects an intensifying interest in relation to crypto-assets and confirms their highly volatile nature. ESMA is cautioning investors against being caught up in this hype....

This is ESMA's first annual market report on the EU crowdfunding market, based on data we receive from National Competent Authorities (NCAs) under the European Crowdfunding Service Providers for Business Regulation, which came into effect in November 2021. This first report covers a sample of 98...

This article evaluates the impact of artificial intelligence (AI) and its recent advancements in the EU investment management industry. First, it studies the operational use of AI by fund managers, i.e. the extent to which the adoption of AI tools by asset managers plays a role in the investment...

Markets in ESMA's remit continued to be resilient in 2H24, despite higher volatility than in 1H24 and significant ongoing geopolitical risks and uncertainties, including on the extent of further monetary policy loosening. Overall, risks remain at high or very high levels. Political risks...

The use by the public of tools powered by artificial intelligence (AI) is becoming more and more popular, including in the context of financial investing. Investors have access to public online AI tools and applications (apps) that can suggest investments based on publicly available knowledge....

The report contains a comprehensive account of the activities carried out by ESMA in the implementation of its mandate and work programme in 2024. ESMA provides in the annual report a detailed account of the results achieved in relation to the objectives set in the work programme for 2024, along...