Live Updates
🇪🇺

European Union Regulatory Updates

EU-wide financial regulation through ESMA, EBA, and the ECB.

Regulators: ECBESMA
111 updates Last updated: 30 March 2026
🇪🇺 ECB Enforcement critical

ECB sanctions BofA Securities Europe SA for breaching reporting requirements

No description available.

AI Analysis

The ECB imposed a €6.2 million penalty on BofA Securities Europe SA for intentionally breaching market risk reporting requirements between 2022 and 2024. The bank systematically underreported risk-weighted assets by including unauthorized sovereign bond option positions in its internal models, resulting in inflated capital ratios and misrepresented financial strength—a "severe" breach that signals the ECB's heightened enforcement focus on reporting accuracy and internal control governance.

Sectors:
Banking & CreditCapital Markets & TradingInvestment Management
Topics:
Prudential / Capital RequirementsReporting & DisclosureSenior Managers / Governance
BankBroker Dealer
View Original
🇪🇺 ESMA News medium

Postponement of the rollout for Commodity Derivatives Weekly Position Reporting

Postponement of the rollout for Commodity Derivatives Weekly Position Reporting 27 March 2026 Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is postponing the rollout of the new solution for Commodity Derivatives Weekly Position Reporting, originally scheduled for 1 April 2026. The decision follows the identification of issues during the final testing phase, which require further corrective actions to ensure system stability ...

Sectors:
Capital Markets & Trading
Topics:
Reporting & Disclosure
Broker DealerAll Firms
View Original
🇪🇺 ESMA Warning high

ESAs spring risk update highlights geopolitical pressures and rising private finance risks

ESAs spring risk update highlights geopolitical pressures and rising private finance risks 27 March 2026 Joint Committee Risk monitoring The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) today published their spring 2026 Joint Committee update on risks and vulnerabilities in the EU financial system. The update focuses on the challenges arising from ongoing geopolitical tensions and developments in private finance. Geopolitical tensions continue to pose significant risks Th...

Sectors:
Banking & CreditInvestment ManagementInsurance & Pensions
Topics:
Prudential / Capital RequirementsOperational Resilience / OutsourcingESG
BankAsset ManagerInsurance
View Original
🇪🇺 ESMA News low

SEC confirms exemption for directors and officers of EEA Foreign Private Issuers

SEC confirms exemption for directors and officers of EEA Foreign Private Issuers 18 March 2026 Market Abuse Post Trading The United States Securities and Exchange Commission (SEC) has decided to exempt directors and officers of European Economic Area (EEA) foreign private issuers (FPIs) from the reporting requirements under Section 16(a) of the US Securities Exchange Act of 1934. The SEC’s decision means that directors and officers of EEA FPIs will not be required to comply with these specifi...

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Reporting & DisclosureAuthorisation & LicensingSenior Managers / Governance
Asset ManagerBroker DealerBank
View Original
🇪🇺 ESMA Speech medium

ESMA sets out actions to simplify the retail investor journey and make investing more accessible

ESMA sets out actions to simplify the retail investor journey and make investing more accessible 12 March 2026 Investor protection Press Releases The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its takeaways from the 2025 Call for Evidence (CfE) on the retail investor journey. Taking into account the input from stakeholders, ESMA outlines a number of actions and operational improvements it will take forward to make it ea...

Sectors:
Investment ManagementWealth & Private BankingCapital Markets & Trading
Topics:
Consumer Protection / ConductESGReporting & Disclosure
Asset ManagerWealth ManagerBank
Fintech
View Original
🇪🇺 ESMA News high

EU financial markets enter 2026 amid high-risk environment

EU financial markets enter 2026 amid high-risk environment 11 March 2026 Press Releases Risk monitoring The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today its first risk monitoring report of 2026 , outlining the key risks and vulnerabilities in EU financial markets. ESMA finds that risks of market and systemic stress remain high despite resilient market performance in the second half of 2025. Our risk assessment for the s...

Sectors:
Capital Markets & TradingCrypto & Digital Assets
Topics:
Market Abuse / SurveillanceOperational Resilience / OutsourcingTechnology & Cyber
BankBroker DealerCrypto Exchange
Fintech
View Original
🇪🇺 ECB Enforcement high

ECB sanctions Nordea subsidiary for breaching limit on large exposures

No description available.

AI Analysis

The ECB imposed a €2.26 million penalty on Nordea Finance Finland Ltd for incorrectly reporting large exposures by assigning guaranteed receivables to debtors instead of guarantors, breaching the 25% capital limit for 13 quarters from 2021-2024 due to serious negligence and internal control deficiencies. This enforcement action underscores the ECB's strict enforcement of large exposure rules under EU banking regulations, serving as a warning for banks on accurate counterparty identification and robust controls. Compliance professionals must prioritize exposure calculation accuracy to avoid severe penalties classified as "severe" under ECB guidelines.

Sectors:
Banking & CreditMortgage & Lending
Topics:
Prudential / Capital RequirementsReporting & Disclosure
Bank
View Original
🇪🇺 ESMA News low

New investment funds drive reduction in costs to investors

New investment funds drive reduction in costs to investors 03 March 2026 Fund Management Press Releases Risk monitoring The European Securities and Markets Authority (ESMA), the EU financial markets regulator and supervisor, today publishes its 2025 market report on the costs and performance of EU retail investment products . This eighth Costs and Performance report shows that ongoing costs in the EU continued to decline in 2024. This is however mostly due to new investment funds entering the...

Sectors:
Investment ManagementCapital Markets & Trading
Topics:
Consumer Protection / ConductESGReporting & Disclosure
Asset ManagerBroker DealerWealth Manager
View Original
🇪🇺 ESMA News medium

ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments

ESMA publishes the results of the annual transparency calculations for equity and equity-like instruments 27 February 2026 Market data Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today the results of the annual transparency calculations for equity and equity-like instruments, which will apply from 6 April 2026. The calculations made available include: the liquidity assessment as per Articles 1 to 5 of CDR 201...

Sectors:
Capital Markets & Trading
Topics:
Market Abuse / SurveillanceReporting & Disclosure
Broker DealerBank
View Original
🇪🇺 ESMA Guidance high

New Q&As available

New Q&As available 27 February 2026 CCP Digital Finance and Innovation Financial reporting Issuer disclosure Transparency The European Securities and Markets Authority (ESMA), the EU's securities markets regulator, has published or updated the following Questions and Answers: European crowdfunding service providers for business Use of fiduciary (nominee) structures in equity crowdfunding (2601) Markets in Crypto-Assets Regulation (MiCA) Clarification on Withdrawal Requirements under Article 7...

AI Analysis

ESMA has published or updated multiple Q&As covering European crowdfunding, MiCA for crypto-asset service providers (CASPs), EMIR for central counterparties (CCPs), and Transparency Directive requirements on financial reporting and alternative performance measures (APMs). These updates provide clarifications on operational, reporting, and disclosure obligations, enhancing supervisory convergence and compliance certainty amid evolving EU regulations like MiCA and IFRS 18. Compliance professionals must prioritize these to avoid enforcement risks, particularly with upcoming effective dates in 2027.

Sectors:
Capital Markets & TradingCrypto & Digital AssetsPayments & E-Money
Topics:
Reporting & DisclosureAuthorisation & LicensingMarket Abuse / Surveillance
Crypto ExchangeBroker DealerFintech
All Firms
View Original
🇪🇺 ESMA Consultation high

ESMA consults on post-trade risk reduction services under EMIR 3

ESMA consults on post-trade risk reduction services under EMIR 3 26 February 2026 Post Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has launched a consultation on the requirements for how post-trade risk reduction (PTRR) services can benefit from the conditioned exemption from the clearing obligation introduced under the European Market Infrastructure Regulation (EMIR 3). ESMA is seeking feedback on several elements of the ...

AI Analysis

ESMA has launched a consultation on draft Regulatory Technical Standards (RTS) that establish requirements for **post-trade risk reduction (PTRR) services** to qualify for a conditioned exemption from the mandatory clearing obligation under EMIR 3. This framework is critical because it balances market efficiency gains from risk reduction tools against systemic risk concerns, requiring compliance professionals to understand new operational, transparency, and monitoring requirements before the standards take effect.

Sectors:
Capital Markets & TradingBanking & Credit
Topics:
Reporting & DisclosurePrudential / Capital RequirementsOperational Resilience / Outsourcing
Broker DealerAsset ManagerBank
View Original
🇪🇺 ESMA News medium

ESMA issues a supervisory briefing on algorithmic trading

ESMA issues a supervisory briefing on algorithmic trading 26 February 2026 Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, today published a supervisory briefing to support consistent supervision of algorithmic trading across the EU. The briefing provides National Competent Authorities (NCAs) with practical tools and clarified expectations for supervising firms engaged in algorithmic trading under MiFID II. It focuses on key a...

Sectors:
Capital Markets & Trading
Topics:
Technology & CyberOperational Resilience / OutsourcingAuthorisation & Licensing
Broker DealerFintechAll Firms
View Original
🇪🇺 ESMA Consultation high

The EBA and ESMA consult on revised suitability assessment requirements for banks and investment firms

The EBA and ESMA consult on revised suitability assessment requirements for banks and investment firms 25 February 2026 Investor protection The European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) today launched a consultation on the revised joint guidelines on the assessment of the suitability of members of the management body and key function holders . The revised guidelines form part of a broader package designed to harmonise suitability assessments and...

AI Analysis

The EBA and ESMA have launched a consultation on revised joint guidelines updating suitability assessments for management body members and key function holders in banks and investment firms, incorporating new requirements from the revised CRD and MiFID II to enhance harmonization and supervisory convergence. This matters for compliance professionals as it introduces mandatory assessments for additional roles, strengthens AML/CFT links, and includes simplifications to reduce burdens, potentially impacting governance processes once finalized and replacing the 2021 guidelines.

Sectors:
Banking & CreditInvestment ManagementCapital Markets & Trading
Topics:
Senior Managers / GovernanceAML / Financial CrimePrudential / Capital Requirements
BankBroker DealerAll Firms
View Original
🇪🇺 ESMA Speech medium

ESMA sets out clearing thresholds under EMIR 3

ESMA sets out clearing thresholds under EMIR 3 25 February 2026 Post Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its draft Regulatory Technical Standards (RTS) setting out new and revised clearing thresholds (CTs) under EMIR 3. The proposed thresholds ensure continuity in the coverage of systemic risk in over‑the‑counter (OTC) derivative markets while avoiding unnecessary complexity and additional compliance ...

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Prudential / Capital RequirementsReporting & Disclosure
Asset ManagerBankBroker Dealer
View Original
🇪🇺 ESMA Warning high

ESMA reminds firms of their obligations under CFD product intervention measures amid rising offerings of perpetual futures

ESMA reminds firms of their obligations under CFD product intervention measures amid rising offerings of perpetual futures 24 February 2026 Investor protection The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has issued a statement reminding firms of their obligation to assess whether newly offered products fall within the scope of existing product intervention measures on contracts for differences (CFDs). The statement responds to the...

Sectors:
Capital Markets & TradingCrypto & Digital Assets
Topics:
Consumer Protection / ConductAuthorisation & Licensing
Broker DealerCrypto ExchangeAll Firms
View Original
🇪🇺 ESMA Policy high

ESMA simplifies MiFID II/ MiFIR obligations on market data

ESMA simplifies MiFID II/ MiFIR obligations on market data 23 February 2026 Guidelines and Technical standards Market data Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has withdrawn its guidelines on the MiFID II/ MiFIR obligations on market data , effective immediately, reflecting its ongoing commitment to simplifying rules and reducing unnecessary compliance burdens for market participants. The decision aligns the framewo...

AI Analysis

ESMA has immediately withdrawn its guidelines on MiFID II/MiFIR market data obligations to align with the new Regulatory Technical Standards on making market data available on a reasonable commercial basis (RTS on RCB), reducing compliance burdens for market participants. This simplifies the regulatory framework by eliminating overlapping soft-law guidance, focusing firms on binding RTS requirements for data transparency, non-discrimination, and cost-based pricing. It matters as it streamlines operations amid broader MiFID II/MiFIR reviews, lowering costs while maintaining market integrity.

Sectors:
Capital Markets & Trading
Topics:
Reporting & Disclosure
Broker Dealer
View Original
🇪🇺 ESMA Consultation high

ESMA consults on guarantees as CCP collateral and on certain aspects of CCP investment policy

ESMA consults on guarantees as CCP collateral and on certain aspects of CCP investment policy 23 February 2026 CCP The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has launched a public consultation following the review of the European Market Infrastructure Regulation (EMIR 3). ESMA is encouraging all interested stakeholders, including non-financial counterparties (NFCs), to share their views about: the relevant conditions under which ...

AI Analysis

ESMA has launched a public consultation under EMIR 3 to gather stakeholder input on conditions for CCPs accepting public guarantees, public bank guarantees, and commercial bank guarantees as collateral, eligibility of debt instruments for CCP investment policies, and secured arrangements for emission allowances as margins or default fund contributions. This matters because it permanently broadens eligible collateral types and extends access to NFC clients, enhancing EU CCP efficiency, competitiveness, and accessibility amid liquidity pressures in energy and other markets.

Sectors:
Capital Markets & TradingBanking & CreditPayments & E-Money
Topics:
Prudential / Capital RequirementsReporting & DisclosureOperational Resilience / Outsourcing
BankBroker DealerAll Firms
View Original
🇪🇺 ESMA Guidance high

ESMA publishes a supervisory briefing on the AAR representativeness obligation

ESMA publishes a supervisory briefing on the AAR representativeness obligation 20 February 2026 CCP The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published a supervisory briefing on the representativeness obligation linked to the active account requirement (AAR). The briefing sets out ESMA’s supervisory expectations for how counterparties should comply with and report on the AAR representativeness obligation. It provides guidanc...

AI Analysis

ESMA has published supervisory guidance clarifying how counterparties must comply with the **representativeness obligation** under the Active Account Requirement (AAR), a key component of EMIR 3 that mandates EU counterparties maintain active accounts at EU central counterparties (CCPs) and clear representative volumes of derivatives trades. This briefing is critical because market participants and regulators have held conflicting interpretations of the representativeness requirement, creating compliance uncertainty that this guidance now resolves.

Sectors:
Capital Markets & TradingBanking & CreditInvestment Management
Topics:
Reporting & DisclosureOperational Resilience / OutsourcingPrudential / Capital Requirements
Asset ManagerBroker DealerBank
Hedge Fund
View Original
🇪🇺 ESMA Enforcement high

ESMA sanctions Regis-TR for serious breaches of organisational obligations

ESMA sanctions Regis-TR for serious breaches of organisational obligations 19 February 2026 Press Releases Securities Financing Transactions Supervision Trade Repositories The European Securities and Markets Authority (ESMA), the European Union’s (EU) financial markets regulator and supervisor, has fined the trade repository (TR) REGIS-TR, S.A. a total of EUR 1,374,000 for seven infringements under the European Market Infrastructure Regulation (EMIR) and the Securities Financing Transactions ...

AI Analysis

ESMA has fined REGIS-TR, S.A. €1,374,000 for seven negligent breaches of organisational obligations under EMIR and SFTR, marking the first SFTR enforcement action and ESMA's highest fine against a trade repository. The breaches involved deficiencies in policies, procedures, organisational structure, operational risk management, and data confidentiality, compromising SFTR reporting and market data integrity. This underscores ESMA's intensified enforcement on trade repositories (TRs) to ensure high-quality data for market surveillance and financial stability.

Sectors:
Capital Markets & Trading
Topics:
Reporting & DisclosureOperational Resilience / OutsourcingSenior Managers / Governance
All Firms
View Original
🇪🇺 ECB Enforcement high

ECB sanctions J.P. Morgan for misreporting capital requirements

No description available.

AI Analysis

The ECB imposed €12.18 million in penalties on J.P. Morgan SE on 19 February 2026 for misreporting risk-weighted assets (RWAs) from 2019-2024 due to misclassification of corporate exposures (15 quarters) and improper exclusion of transactions in credit valuation adjustment (CVA) risk calculations (21 quarters), both attributed to serious negligence and internal control failures. This enforcement action underscores the ECB's focus on accurate prudential reporting, as underreported RWAs led to overstated capital ratios, distorting supervisory oversight of the bank's risk profile and capital adequacy. Compliance teams must prioritize RWA calculation integrity to avoid similar "severe" and "moderately severe" sanctions under the ECB's penalty guide.

Sectors:
Banking & Credit
Topics:
Prudential / Capital RequirementsReporting & Disclosure
Bank
View Original
🇪🇺 ESMA Consultation medium

ESMA seeks input to streamline and simplify its market abuse guidelines

ESMA seeks input to streamline and simplify its market abuse guidelines 19 February 2026 Market Abuse Market Integrity The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has launched a consultation proposing amendments to its Market Abuse Regulation (MAR) guidelines on the delay in the disclosure of inside information. The proposals align the guidelines with the disclosure regime as amended by the Listing Act, ensuring issuers face fewer...

AI Analysis

ESMA has launched a consultation on amending its Market Abuse Regulation (MAR) guidelines on delaying disclosure of inside information, aligning them with changes introduced by the Listing Act to reduce issuer burdens and clarify requirements. This matters because it simplifies compliance for issuers by removing outdated delay justifications and adding new ones, effective from June 2026, potentially lowering administrative costs while maintaining market integrity.

Sectors:
Capital Markets & Trading
Topics:
Market Abuse / SurveillanceReporting & Disclosure
All Firms
View Original
🇪🇺 ESMA Consultation high

ESMA publishes list of supplementary deferrals for sovereign bonds

ESMA publishes list of supplementary deferrals for sovereign bonds 19 February 2026 Post Trading The European Securities and Markets Authority (ESMA), together with National Competent Authorities (NCAs), has agreed supplementary deferrals that may be applied on top of the standard Markets in Financial Instruments Regulation (MiFIR) deferral regime for sovereign bonds. ESMA and all NCAs, except the National Bank of Slovakia (NBS), have decided to allow the following supplementary deferrals: fo...

AI Analysis

ESMA has authorized **supplementary deferrals for sovereign bond post-trade transparency**, allowing market participants to omit transaction volumes from immediate publication for medium-sized trades on liquid bonds, with full disclosure required by end-of-day. This measure balances market transparency with liquidity protection in EU sovereign bond markets, effective May 4, 2026, with a compressed implementation timeline requiring immediate compliance planning.

Sectors:
Capital Markets & TradingInvestment ManagementBanking & Credit
Topics:
Reporting & DisclosureMarket Abuse / SurveillanceOperational Resilience / Outsourcing
Broker DealerAsset ManagerBank
View Original
🇪🇺 ESMA News low

Upcoming changes to the Euribor Panel

Upcoming changes to the Euribor Panel 18 February 2026 Benchmarks The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is issuing a statement on the upcoming changes to the Euribor panel, in its capacity as supervisor of the European Money Market Institute (EMMI), administrator of Euribor. This statement concerns the announcement by EMMI that Barclays Bank PLC (BBPLC), based in the United Kingdom, will withdraw from the Euribor panel. The ...

Sectors:
Banking & CreditCapital Markets & Trading
Topics:
Prudential / Capital RequirementsReporting & Disclosure
BankBroker Dealer
View Original
🇪🇺 ESMA Enforcement medium

ESMA supports the simplified European Sustainability Reporting Standards and suggests targeted adjustments

ESMA supports the simplified European Sustainability Reporting Standards and suggests targeted adjustments 18 February 2026 Issuer disclosure Press Releases Sustainable finance The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor, has delivered its opinion on the draft revised European Sustainability Reporting Standards (ESRS) developed by EFRAG. ESMA strongly supports the European Commission’s goal of enhancing competitiveness and growth through ...

AI Analysis

ESMA has issued an opinion supporting EFRAG's draft simplified European Sustainability Reporting Standards (ESRS) under the CSRD, praising improvements in readability and materiality focus while recommending targeted adjustments to enhance investor protection and financial stability. This matters for compliance professionals as it signals upcoming refinements to sustainability disclosures, with pragmatic supervision promised during the transition, potentially reducing short-term burdens but requiring monitoring of final delegated act adoption by summer 2026.

Sectors:
Capital Markets & TradingInvestment ManagementInsurance & Pensions
Topics:
ESGReporting & DisclosureSenior Managers / Governance
Asset ManagerBankInsurance
All Firms
View Original
🇪🇺 ESMA Guidance high

ESMA publishes statement supporting the smooth implementation of the Listing Act – simplifying prospectus compliance for issuers

ESMA publishes statement supporting the smooth implementation of the Listing Act – simplifying prospectus compliance for issuers 18 February 2026 Prospectus ​The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has issued a statement with practical guidance to national competent authorities (NCAs), issuers, and their advisors on the application of the revised prospectus framework introduced by the Listing Act. ESMA clarifies that any regis...

AI Analysis

ESMA has issued a public statement providing practical guidance on implementing changes to the Prospectus Regulation (PR) under the Listing Act, clarifying the transitional regime for registration documents and universal registration documents approved or filed until 4 June 2026, allowing their continued use in prospectuses. This matters because it reduces compliance burdens for issuers accessing capital markets while preserving investor protection, enabling smoother transitions amid upcoming Level 2 measures. Issuers and advisors can rely on this non-binding guidance as ESMA expects NCAs to follow it.

Sectors:
Capital Markets & Trading
Topics:
Reporting & Disclosure
All Firms
View Original
🇪🇺 ESMA News medium

ESMA publishes latest edition of its newsletter

ESMA publishes latest edition of its newsletter 13 February 2026 ESMA newsletter The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today its latest edition of the Spotlight on Markets Newsletter. This edition opens with ESMA’s Digital and Data Strategies , outlining how enhanced data use and improved digital tools will strengthen effective and risk-based supervision. Top news highlights include the launch of the selection ...

Sectors:
Capital Markets & TradingInvestment ManagementCrypto & Digital Assets
Topics:
Technology & CyberESGReporting & Disclosure
Asset ManagerBroker DealerCrypto Exchange
All Firms
View Original
🇪🇺 ECB Enforcement critical

ECB imposes periodic penalty payments on Crédit Agricole for failing to sufficiently identify climate risks

No description available.

AI Analysis

The ECB imposed a €7.55 million periodic penalty payment on Crédit Agricole for failing to complete a climate-related and environmental (C&E) risk materiality assessment by the May 31, 2024 deadline, marking the second enforcement action in the ECB's escalating shift from guidance to active enforcement on climate risk supervision. This enforcement demonstrates that the ECB is moving beyond symbolic warnings to substantial financial penalties, signaling that banks must treat climate risk identification and assessment as mandatory compliance obligations rather than discretionary best practices.

Sectors:
Banking & CreditCapital Markets & Trading
Topics:
Prudential / Capital RequirementsESGReporting & Disclosure
Bank
View Original
🇪🇺 ESMA Speech

Join us for ESMA’s Conference “A new era for EU capital markets” on 21 May 2026

Join us for ESMA’s Conference “A new era for EU capital markets” on 21 May 2026 05 February 2026 About ESMA The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is organising a high‑level conference “A new era for EU capital markets” on 21 May 2026 in Paris, France. Marking ESMA’s 15-year anniversary, the conference will bring together senior policymakers, regulators, leaders of major market infrastructures and financial institutions, as w...

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Market Abuse / SurveillanceConsumer Protection / ConductTechnology & Cyber
Asset ManagerBroker DealerBank
View Original
🇪🇺 ESMA Consultation low

ESMA launches selection process for its next Chair

ESMA launches selection process for its next Chair 03 February 2026 About ESMA Careers Vacancies The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has launched the selection procedure for the position of ESMA Chair . This key leadership role offers the opportunity to shape the future of Europe’s financial markets and steer the organisation through an evolving regulatory and supervisory landscape. As a full‑time, independent professional...

AI Analysis

ESMA has launched a selection process for its next Chair, a full-time independent role based in Paris responsible for leading strategic direction, governance, and representation amid evolving EU financial markets regulation. This matters for compliance professionals as the incoming Chair will influence ESMA's supervisory priorities, enforcement approach, and adaptation to upcoming legislative changes like market integration proposals, potentially impacting how firms navigate cross-border supervision and reporting requirements.

Sectors:
Capital Markets & Trading
Topics:
Senior Managers / Governance
All Firms
View Original
🇪🇺 ESMA News low

ESMA publishes report on cross-border marketing of funds including statistics on notifications

ESMA publishes report on cross-border marketing of funds including statistics on notifications 06 January 2026 The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its third report on marketing requirements and marketing communications under the Regulation on cross-border distribution of funds . For the first time, the report includes statistics on notifications of cross-border marketing of funds. Drawing on input from ...

Sectors:
Investment ManagementCapital Markets & Trading
Topics:
Reporting & DisclosureAuthorisation & Licensing
Asset ManagerBank
View Original
🇪🇺 ESMA News medium

ESMA signs Memorandum of Understanding with the Reserve Bank of India

ESMA signs Memorandum of Understanding with the Reserve Bank of India 27 January 2026 CCP International cooperation The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has signed a Memorandum of Understanding (MoU) with the Reserve Bank of India (RBI) to facilitate cooperation and exchange of information for the recognition of central counterparties (CCPs) established in India and supervised by RBI. This agreement marks a significant step...

Sectors:
Banking & CreditCapital Markets & Trading
Topics:
Prudential / Capital RequirementsAuthorisation & Licensing
BankBroker Dealer
View Original
🇪🇺 ESMA News high

The European Supervisory Authorities and UK financial regulators sign Memorandum of Understanding on oversight of critical ICT third-party service providers under DORA

The European Supervisory Authorities and UK financial regulators sign Memorandum of Understanding on oversight of critical ICT third-party service providers under DORA 14 January 2026 Digital Finance and Innovation International cooperation The European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) have today signed a Memorandum of Understanding (MoU) with the Bank of England (BoE), the Prudential Regulation Authority (PRA), and the Financial Conduct Authority (FCA). This agreement...

Sectors:
Banking & CreditInvestment ManagementWealth & Private Banking
Topics:
Operational Resilience / OutsourcingTechnology & Cyber
BankAsset ManagerWealth Manager
View Original
🇪🇺 ESMA Enforcement high

ESMA promotes clarity in communications on ESG strategies

ESMA promotes clarity in communications on ESG strategies 14 January 2026 Sustainable finance The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today a second thematic note on sustainability-related claims, focusing on ESG strategies. The note concentrates on ESG integration and ESG exclusions, as references to these strategies are often made by market participants and widely referenced in marketing communications directed to ...

AI Analysis

ESMA published a thematic note on January 14, 2026, providing guidance on clear, fair, and not misleading communications regarding ESG strategies, specifically ESG integration and ESG exclusions, to mitigate greenwashing risks in non-regulatory materials like marketing. This matters because sustainability claims heavily influence investor decisions, and misleading communications can lead to supervisory actions, reputational damage, and loss of trust, aligning with existing EU rules under SFDR and related frameworks without imposing new disclosures.

Sectors:
Investment Management
Topics:
ESGConsumer Protection / Conduct
Asset ManagerAll Firms
View Original
🇪🇺 ESMA News medium

ESMA’s Digital and Data strategies support supervision of EU financial markets

ESMA’s Digital and Data strategies support supervision of EU financial markets 13 January 2026 About ESMA Market data Press Releases The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has adopted a new Digital Strategy and updated its Data Strategy . They reflect ESMA’s commitment to smarter regulatory reporting and technology-driven supervision, promote synergies and innovation while reducing unnecessary complexity. The digital strategy...

Sectors:
Capital Markets & TradingCrypto & Digital Assets
Topics:
Reporting & DisclosureTechnology & CyberOperational Resilience / Outsourcing
All Firms
View Original
🇪🇺 ESMA Speech

Principles for risk-based supervision: a critical pillar for ESMA’s simplification and burden reduction efforts

Principles for risk-based supervision: a critical pillar for ESMA’s simplification and burden reduction efforts 09 January 2026 Supervision The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today its principles for risk-based supervision . These principles support a common and effective EU-wide supervisory culture and strengthen the EU single market. The principles on risk-based supervision outline key concepts and foundationa...

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Prudential / Capital RequirementsOperational Resilience / Outsourcing
Asset ManagerBankBroker Dealer
View Original
🇪🇺 ESMA Consultation medium

ESAs publish joint Guidelines on ESG stress testing

ESAs publish joint Guidelines on ESG stress testing 08 January 2026 Guidelines and Technical standards Joint Committee The European Supervisory Authorities (EBA, EIOPA and ESMA - the ESAs) published today their Joint Guidelines on environmental, social, and governance (ESG) stress testing . These Guidelines provide national insurance and banking supervisors with clear guidance on how to integrate ESG risks into supervisory stress tests, both when using established frameworks and when conducti...

AI Analysis

The European Supervisory Authorities (ESAs)—EBA, EIOPA, and ESMA—published final Joint Guidelines on 8 January 2026 to standardize how national competent authorities (NCAs) integrate ESG risks into supervisory stress testing frameworks for banking and insurance sectors, without mandating new ESG-specific tests. These guidelines promote consistency, long-term methodologies, and common standards across the EU, initially prioritizing climate and environmental risks (physical and transition) before expanding to social and governance factors. They matter for compliance professionals as they shape future supervisory expectations, enhancing resilience assessments and aligning with CRD (Article 100(4)) and Solvency II (Article 304c(3)) mandates, potentially influencing firm-level stress testing preparations.

Sectors:
Banking & CreditInsurance & Pensions
Topics:
Prudential / Capital RequirementsESG
BankInsurance
View Original
🇪🇺 ESMA News low

ESMA publishes report on cross-border marking of funds including statistics on notifications

ESMA publishes report on cross-border marking of funds including statistics on notifications 06 January 2026 The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published its third report on marketing requirements and marketing communications under the Regulation on cross-border distribution of funds . For the first time, the report includes statistics on notifications of cross-border marketing of funds. Drawing on input from Na...

Sectors:
Investment ManagementWealth & Private Banking
Topics:
Reporting & DisclosureAuthorisation & Licensing
Asset ManagerWealth Manager
View Original
🇪🇺 ESMA News medium

ESAs’ Joint Board of Appeal rules on reimbursement of costs in an appeal brought by NOVIS Insurance Company against the European Insurance and Occupational Pensions Authority (EIOPA)

ESAs’ Joint Board of Appeal rules on reimbursement of costs in an appeal brought by NOVIS Insurance Company against the European Insurance and Occupational Pensions Authority (EIOPA) 05 January 2026 Board of Appeal Joint Committee The Joint Board of Appeal (“The Board”) of the European Supervisory Authorities (ESAs) – the EBA, ESMA, EIOPA – has issued its decision on costs arising in the appeal brought by NOVIS Insurance Company, NOVIS Versicherungsgesellschaft, NOVIS Compagnia di Assicurazio...

Sectors:
Insurance & Pensions
Topics:
Authorisation & Licensing
Insurance
View Original
🇪🇺 ESMA Consultation high

ESMA launches selection of Consolidated Tape Provider for OTC derivatives

ESMA launches selection of Consolidated Tape Provider for OTC derivatives 05 January 2026 MiFID - Secondary Markets Trading ​The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, is launching the first selection procedure for the Consolidated Tape Provider (CTP) for over the counter (OTC) derivatives. Entities interested to apply are encouraged to register and submit their requests to participate in the selection procedure by 11 February 20...

AI Analysis

ESMA has launched the first selection procedure for a **Consolidated Tape Provider (CTP) for OTC derivatives**, with applications due by 11 February 2026 and a decision expected by early July 2026. This initiative establishes a critical market infrastructure component to enhance transparency and efficiency in the EU's OTC derivatives market by consolidating post-trade data into a single, continuous electronic stream.

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Reporting & DisclosureAuthorisation & LicensingMarket Abuse / Surveillance
Broker DealerAsset ManagerAll Firms
View Original
🇪🇺 ESMA Consultation medium

ESMA publishes latest Spotlight on Markets newsletter featuring updates on market integration and transparency

ESMA publishes latest Spotlight on Markets newsletter featuring updates on market integration and transparency 23 December 2025 ESMA newsletter The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has today published the latest edition of its Spotlight on Markets newsletter. This edition opens with ESMA welcoming the European Commission’s ambitious proposal on market integration, underlining the importance of deeper, more integrated and ef...

AI Analysis

ESMA's latest *Spotlight on Markets* newsletter (November/December 2025 issue, published 23 December 2025) summarizes key regulatory updates on EU market integration, transparency enhancements, and supervisory actions, including welcoming the European Commission's market integration proposal and announcing an equity consolidated tape provider (CTP) selection. This matters for compliance professionals as it signals accelerating EU efforts to deepen capital markets integration, improve data transparency, and strengthen oversight under MiFID II and DORA, potentially requiring firms to adapt governance, reporting, and conflict management practices.

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Reporting & DisclosureMarket Abuse / SurveillanceOperational Resilience / Outsourcing
Asset ManagerBroker DealerAll Firms
View Original
🇪🇺 ESMA News low

ESMA publishes 2024 data on cross-border investment activity of firms

ESMA publishes 2024 data on cross-border investment activity of firms 22 December 2025 Investor protection The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, in cooperation with National Competent Authorities (NCAs), completed an analysis of the cross-border provision of investment services in 2024 . Data was gathered from investment firms across 30 jurisdictions in the EU/EEA. The main findings include: Around 370 financial firms provid...

Sectors:
Investment ManagementCapital Markets & TradingWealth & Private Banking
Topics:
Reporting & DisclosureConsumer Protection / ConductAuthorisation & Licensing
Asset ManagerBroker DealerWealth Manager
View Original
🇪🇺 ESMA Guidance high

New Q&As available

New Q&As available 19 December 2025 Digital Finance and Innovation Fund Management Market Abuse Prospectus Sustainable finance The European Securities and Markets Authority (ESMA), the EU's securities markets regulator, has published or updated the following Questions and Answers: Alternative Investment Fund Managers Directive (AIFMD) Directive Exclusion related to UNGC/OECD Guidelines (2734) Environmental, Social and Governance (ESG) rating activities Regulation Group-affiliated small ESG ra...

AI Analysis

ESMA published new Q&As on December 19, 2025, addressing practical implementation questions across multiple regulatory frameworks including AIFMD, ESG rating activities, and sustainable finance rules. These guidance documents clarify regulatory expectations and promote consistent supervisory approaches across EU member states, making them essential for firms operating in affected areas to ensure compliant implementation.

Sectors:
Investment ManagementCapital Markets & Trading
Topics:
ESGReporting & DisclosureMarket Abuse / Surveillance
Asset ManagerBroker DealerAll Firms
View Original
🇪🇺 ESMA News medium

ESMA selects EuroCTP to become the first Consolidated Tape Provider for shares and ETFs

ESMA selects EuroCTP to become the first Consolidated Tape Provider for shares and ETFs 19 December 2025 Press Releases Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has selected EuroCTP as the first Consolidated Tape Provider (CTP) for shares and exchange-traded funds (ETFs) in the EU, in a step forward for the transparency of equity markets in the EU. Natasha Cazenave, ESMA’s Executive Director, said: “Today’s announcement...

Sectors:
Capital Markets & TradingInvestment Management
Topics:
Market Abuse / SurveillanceReporting & Disclosure
Asset ManagerBroker Dealer
View Original
🇪🇺 ESMA News medium

ESMA reviews impact of Guidelines on ESG or sustainability related terms in fund names

ESMA reviews impact of Guidelines on ESG or sustainability related terms in fund names 17 December 2025 Risk monitoring Sustainable finance The European Securities and Markets Authority (ESMA), the EU’s financial market regulator and supervisor, released research today assessing the impact of its fund naming guidelines on ESG and sustainability-related terms. The study found that ESMA’s Guidelines have: Improved consistency in the use of ESG terms by increasing alignment of fund names and the...

Sectors:
Investment ManagementWealth & Private BankingCapital Markets & Trading
Topics:
ESGReporting & Disclosure
Asset ManagerWealth ManagerAll Firms
View Original

Showing 50 of 111 updates