ESMA annual data report flags supervisory data uplift

ESMA published its annual report on the quality and use of regulatory data, citing improvements in data quality, wider use and digital progress.

ESMA confirms a virtuous cycle between data quality and supervisory use, signalling more data-driven supervision and market monitoring. Firms should expect more granular challenge on reported data and faster identification of outliers across EMIR, MiFIR and SFTR reporting.

Higher supervisory analytics capacity increases the likelihood of data-quality enforcement and targeted inquiries on transaction reporting.

Improved regulatory data use directly raises enforcement risk on reporting accuracy across multiple EU regimes.

“ESMA published its annual report on the quality and use of regulatory data, noting that improvements in data quality and data use reinforce each other, supporting more effective supervision and market monitoring across the EU.”