European fund industry groups have called on Esma to expand the scope of the EU’s planned consolidated tape for equities and ETFs to ensure it delivers a complete and accurate view of market activity.

The European Fund and Asset Management Association (Efama), alongside other industry bodies, has urged the European Securities and Markets Association (Esma) and the European Commission to revise the policy and implementation framework for the EU’s consolidated tape.  The proposals form part of ongoing discussions around the Savings and Investment Union initiative  In a joint letter, the associations shared suggestions to improve the design of the consolidated tape. Among the