Article 29 ESMA

1.   In accordance with Article 16 of Regulation (EU) No 1095/2010, ESMA shall issue and update guidelines on the cooperation between ESMA and the competent authorities for the purposes of this Regulation, including the procedures for, and detailed conditions relating to, the delegation of tasks.

2.   In accordance with Article 16 of Regulation (EU) No 1095/2010, ESMA shall, in cooperation with EBA and EIOPA, issue and update guidelines on the application of the endorsement regime referred to in Article 11 of this Regulation by 2 October 2025.

3.   ESMA shall publish an annual report on the application of this Regulation, including on the supervisory measures taken and fines and periodic penalty payments imposed by ESMA under this Regulation. That report shall contain, in particular, information on the evolution of the ESG ratings market in the Union and an assessment of the application of the third-country regimes referred to in Articles 10, 11 and 12.

ESMA shall present the annual report referred to in the first subparagraph to the European Parliament, the Council and the Commission.

4.   ESMA shall publish annually on its website a list of ESG rating providers included in the register referred to in Article 14(1), indicating their total market share in the Union. The publication shall take stock of the market structure, including concentration levels and the diversity of ESG rating providers.

5.   For the purposes of paragraph 4, the market share shall be measured by reference to the annual turnover generated from ESG rating activities at group level in the Union.

6.   ESMA shall cooperate with EBA and EIOPA in performing its tasks and shall consult EBA and EIOPA before issuing and updating guidelines and submitting draft regulatory technical standards under this Regulation.