ESMA report shows regulators stepping up their data game

On 30 April, the European Securities and Markets Authority (ESMA) published its fifth Report on the Quality and Use of Data, shedding light on how regulatory data is being used across the EU—and where early wins are emerging in efforts to reduce the reporting burden.
The report features concrete examples of data in action, including the reuse of MiFIR transaction data to run transparency and volume cap calculations, avoiding duplicate requests. It also highlights improvements to the ESMA Data Platform and new data quality frameworks, such as those applied to short-selling and EMIR REFIT data. Notably, national competent authorities are starting to improve how they access and use ESEF filings.
This shift marks a broader evolution: regulators are not just demanding data—they’re working to use it better and smarter. Digital-first reporting, built on structured formats, is what makes that possible. Clean, reusable data reduces burden while supporting effective oversight.
ESMA will dig deeper into the findings during a webinar on 15 May.
To explore the full report and register, head to ESMA’s site.