Suspicious Transaction and Order Reports
Dear European Securities and Markets Authority,
Under the right of access to documents in the EU treaties, as developed in Regulation 1049/2001, I am requesting documents which contain the following information:
I'm writing to ask if ESMA has any documentation regarding the number of Suspicious Transaction and Order Reports being filed to the national competent authorities.
Specifically I am looking for :
The number of STORs being sent to NCAs over the past five years
The number of STORs for equity markets being sent to NCAs over the past five years
How many STOR reports are processed and investigated by NCAs every year.
How many STORs lead to further requests for evidence or that require higher levels of examinsation.
If any of my questions are unclear, please let me know.
Yours faithfully,
Jeremy
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4. mailto:[email address]
5. mailto:[email address]
Dear sender,
Thank you for your message and interest in ESMA. Your input is highly
valued, and we have taken note of the points raised. ESMA endeavours to
reply within two months to factual queries received.
More information on ESMA’s investor protection work is available on our
webpage: https://www.esma.europa.eu/investor-corn....
You will find an overview of answers to previous questions relating to the
application and implementation of legislative acts within ESMA’s remit on
our dedicated webpage: https://www.esma.europa.eu/questions-and....
Please note that ESMA does not provide legal or investment advice. We are
also aware that ESMA's name and logo are falsely used to promote frauds
and scams. These aim to illegally obtain money directly or through the
request for personal details. If you have received such communication, we
encourage you to cease all interactions with your correspondent and to
report your case to domestic law enforcement authorities (such as your
local police force).
Best regards,
ESMA
Dear sender,
Thank you for your message and interest in ESMA. Your input is highly
valued, and we have taken note of the points raised. ESMA endeavours to
reply within two months to factual queries received.
More information on ESMA’s investor protection work is available on our
webpage: https://www.esma.europa.eu/investor-corn....
You will find an overview of answers to previous questions relating to the
application and implementation of legislative acts within ESMA’s remit on
our dedicated webpage: https://www.esma.europa.eu/questions-and....
Please note that ESMA does not provide legal or investment advice. We are
also aware that ESMA's name and logo are falsely used to promote frauds
and scams. These aim to illegally obtain money directly or through the
request for personal details. If you
have received such communication, we encourage you to cease all
interactions with your correspondent and to report your case to domestic
law enforcement authorities (such as your local police force).
Best regards,
ESMA
Any email from the European Securities and Markets Authority (ESMA) is
sent in good faith, but shall neither be binding nor construed as
constituting a commitment by ESMA except where provided for in a written
agreement. This email is intended only for the use of the recipient(s)
named above. Any unauthorised disclosure, use or dissemination, either in
whole or in part, is prohibited. If you have received this email in error,
please notify the sender immediately via email and delete this email from
your system.
This communication and any attachments may contain personal information.
ESMA processes personal data in line with Regulation (EU) 2018/1725 and
Decision ESMA40-133-716. For more information, please see ESMA's Data
Protection Statement on [1]https://www.esma.europa.eu/data-protection. In
case of queries, please consult ESMA's Data Protection Officer
([2][email address]). You may also contact the European Data Protection
Supervisor ([3][email address]).
Please consider the environment before printing this email.
References
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2. mailto:[email address]
3. mailto:[email address]
Dear Jeremy Chan,
We acknowledge receipt of your request and will get back to you in due course.
With kind regards
Enrico Gagliardi
Dear Jeremy Chan,
We would like to refer to the request you submitted to ESMA 14 February 2024 in which you asked to get access to certain documents and numbers relating to "[...] Suspicious Transaction and Order Reports being filed to the national competent authorities".
Against this background, please note that ESMA has published in July 2023 a Report on Suspicious Transaction and Order Reports (STORs) providing an overview over the use of STORs across different jurisdictions. While the report focusses on the years 2021 and 2022, it also provides the aggregated number of STORs received by NCAs as well as a breakdown of STORs submitted per instrument type for the years between 2010 and 2022.
The Report can be found at the following weblink: https://www.esma.europa.eu/sites/default...
In addition, with respect to your query on NCAs' investigations and follow-up actions, please note that across the 5 years period covering 2018-2022, NCAs have:
- closed 20.018 STORs at initial triage;
- launched 1.545 informal actions (including warning letters, disruptions, etc.) and criminal referrals; and
- started 393 administrative procedures.
We trust this response addresses your request in full.
Kind regards
Trading Unit
Market and Digital Innovation Department
ESMA - 201-203 rue de Bercy, 75012 Paris - France