{"id":60871,"date":"2026-10-09T13:33:11","date_gmt":"2026-10-09T13:33:11","guid":{"rendered":"https:\/\/cp.snarskis.lt\/index.php\/2026\/10\/09\/es-finansu-rinku-revoliucija-prieziura-keliasi-i-esma-ka-tai-reiks-investuotojams\/"},"modified":"2026-10-09T13:33:11","modified_gmt":"2026-10-09T13:33:11","slug":"es-finansu-rinku-revoliucija-prieziura-keliasi-i-esma-ka-tai-reiks-investuotojams","status":"publish","type":"post","link":"https:\/\/cp.snarskis.lt\/index.php\/2026\/10\/09\/es-finansu-rinku-revoliucija-prieziura-keliasi-i-esma-ka-tai-reiks-investuotojams\/","title":{"rendered":"ES finans\u0173 rink\u0173 revoliucija: prie\u017ei\u016bra keliasi \u012f ESMA \u2013 k\u0105 tai reik\u0161 investuotojams?"},"content":{"rendered":"<h2>Valstyb\u0117s sutar\u0117 d\u0117l poky\u010di\u0173<\/h2>\n<p>Europos S\u0105jungos valstybi\u0173 finans\u0173 ministrai Liuksemburge sutar\u0117 d\u0117l paketo, kuris sustiprint\u0173 ES finans\u0173 rink\u0173 prie\u017ei\u016br\u0105. Susitarimas numato daugiau gali\u0173 Europos vertybini\u0173 popieri\u0173 ir rink\u0173 institucijai ESMA.<\/p>\n<p>\u0160io sprendimo tikslas \u2013 palengvinti tarpvalstybines investicijas ir sudaryti geresnes s\u0105lygas \u012fmon\u0117ms pritraukti kapital\u0105 visoje bendrijoje. Iki \u0161iol dal\u012f svarbiausi\u0173 rinkos dalyvi\u0173 pirmiausia pri\u017ei\u016br\u0117jo nacionalin\u0117s institucijos.<\/p>\n<h2>K\u0105 kei\u010dia naujas paketas<\/h2>\n<p>Taip vadinamas Rink\u0173 integracijos ir prie\u017ei\u016bros paketas numato, kad ESMA perimt\u0173 tiesiogin\u0119 kai kuri\u0173 did\u017ei\u0173j\u0173 rinkos operatori\u0173 prie\u017ei\u016br\u0105. Tai apimt\u0173 dideles prekybos vietas, kliringo institucijas ir vertybini\u0173 popieri\u0173 atsiskaitymo grandyje veikian\u010dias organizacijas.<\/p>\n<p>Taip pat numatoma \u012ftvirtinti nuolatin\u0119, nepriklausom\u0105 vykdom\u0105j\u0105 valdyb\u0105 pa\u010dioje ESMA, kad sprendimai b\u016bt\u0173 priimami grei\u010diau ir nuosekliau. Reformos apimt\u0173 ir kripto turto paslaug\u0173 teik\u0117jus, kuri\u0173 vaidmuo ES finansuose spar\u010diai auga.<\/p>\n<h2>Kod\u0117l tai laikoma svarbu<\/h2>\n<p>Nors ES taisykl\u0117s daug kur yra suvienodintos, praktikoje skyr\u0117si j\u0173 \u012fgyvendinimas, prie\u017ei\u016bra ir pa\u017eeidim\u0173 nagrin\u0117jimas, tod\u0117l rinka i\u0161liko fragmentuota. D\u0117l to \u012fmon\u0117ms ir investuotojams skirtingose \u0161alyse neretai tenka susidurti su nevienodais reikalavimais ir ka\u0161tais.<\/p>\n<p>Airijos pirmininkavimas pabr\u0117\u017e\u0117, kad iniciatyva skirta skatinti santaup\u0173 ir investicij\u0173 jud\u0117jim\u0105 per sienas. Tokia kryptis siejama su platesniais ES tikslais stiprinti kapitalo rink\u0173 integracij\u0105 ir sudaryti daugiau galimybi\u0173 nam\u0173 \u016bkiams u\u017edirbti i\u0161 santaup\u0173.<\/p>\n<p>\u201eTai didelis \u017eingsnis \u012f priek\u012f stiprinant Kapitalo rink\u0173 s\u0105jung\u0105. Per 10 m\u0117nesi\u0173 padar\u0117me daugiau nei per 10 met\u0173\u201c, \u2013 sak\u0117 Nyderland\u0173 finans\u0173 ministras Eelco Heinenas.<\/p>\n<h2>Kur dar gali likti i\u0161im\u010di\u0173<\/h2>\n<p>Vie\u0161oje erdv\u0117je jau buvo aptariama, kad dalis prekybos viet\u0173, kurias valdo \u201eDeutsche B\u00f6rse\u201c, gali likti u\u017e ESMA tiesiogin\u0117s prie\u017ei\u016bros rib\u0173. Tokiu atveju dalis sistemos ir toliau b\u016bt\u0173 pri\u017ei\u016brima nacionaliniu ar regioniniu lygmeniu, o tai ma\u017eint\u0173 reformos vienodinant\u012f efekt\u0105.<\/p>\n<p>Vis d\u0117lto paketo \u0161alininkai teigia, kad net ir su i\u0161imtimis bendra kryptis ai\u0161ki: siekiama nuoseklesn\u0117s prie\u017ei\u016bros, ma\u017eesni\u0173 kapitalo pritraukimo ka\u0161t\u0173 ir daugiau pasirinkimo investuotojams. Tai taip pat siejama su pastaraisiais metais i\u0161augusiu d\u0117mesiu rink\u0173 stabilumui, atsiskaitym\u0173 patikimumui ir spar\u010diai besikei\u010dian\u010dioms technologijoms, \u012fskaitant blok\u0173 grandin\u0117s sprendimus.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ES \u0161alys sutaria stiprinti ESMA vaidmen\u012f finans\u0173 rinkose: keisis prie\u017ei\u016bra, atsiras naujos taisykl\u0117s prekybai, kliringui ir kripto paslaugoms.<\/p>\n","protected":false},"author":0,"featured_media":60872,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[94],"tags":[10406,442,46467,10408,46469,46468],"miestas":[],"class_list":["post-60871","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finansai","tag-esma","tag-europos-sajunga","tag-finansu-rinku-prieziura","tag-kapitalo-rinku-sajunga","tag-kripto-turtas","tag-vertybiniu-popieriu-rinkos"],"acf":[],"_links":{"self":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/60871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/comments?post=60871"}],"version-history":[{"count":0,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/posts\/60871\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media\/60872"}],"wp:attachment":[{"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/media?parent=60871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/categories?post=60871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/tags?post=60871"},{"taxonomy":"miestas","embeddable":true,"href":"https:\/\/cp.snarskis.lt\/index.php\/wp-json\/wp\/v2\/miestas?post=60871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}