16 February 2021 - José F. Estévez, Managing Partner of CREMADES & CALVO-SOTELO ABOGADOS, has been appointed as a member of the European Securities and Markets Authority (ESMA) Corporate Finance Standing Committee Consultative Working Group (CWG).
ESMA is an independent authority of the European Union (EU) that contributes to safeguarding the stability of the EU financial system by enhancing investor protection, promoting stable and orderly financial markets, and enhancing supervisory convergence between the competent national authorities (NCAs) of the Member States, responsible for the control of securities and capital markets (a function that in Spain is exercised by the CNMV).
Estévez had already been a member of the Permanent Committee on Corporate Finance (CFSC) of the ESMA between 2013 and 2015. With this new appointment of José F. Estévez, and taking into consideration his extensive experience, the European Agency, located in Paris, takes a further step in strengthening investor protection and respect for the rights of minority shareholders, which contributes to the stability and legal certainty of the financial markets in the EU.