On 20 August 2025, Commission Delegated Regulation 2025/885, supplementing the Regulation on markets in crypto-assets 2023/1114 (MiCA) with regard to regulatory technical standards (RTS) on market abuse, was published in the Official Journal of the European Union.
The RTS specify regulations regarding systems and controls, templates for reporting, and co-operation
On 20 August 2025, the European Securities and Markets Authority (ESMA) and the European Environment Agency (EEA) signed a Memorandum of Understanding (MoU) to strengthen collaboration between the two institutions in relation to sustainable finance.
The MoU notably incorporates the integration of environmental factors into the EU sustainable finance
Woodford (a prohibition and a fine) and on the investment management firm he founded (a fine). Both Mr Woodford and the firm have referred the decisions to the Upper Tribunal. Key takeaways are set out below but for more details see our Notice in a Nutshell.
Although the decisions are made in the context of
With under two weeks to go until the new UK failure to prevent fraud offence comes into force, this blog discusses the priority actions companies can take in preparation.
On 1 September 2025, the UK’s new “Failure to Prevent Fraud” (FtPF) offence will come into force, reshaping corporate liability for fraud and effectively
On 18 August 2025, the Transition Finance Council issued a consultation on draft entity-level Transition Finance Guidelines (the draft Guidelines), which aim to address the current absence of a consistent framework capable of application across asset classes for identifying and evaluating credible transition finance at entity-level.
Background
The draft Guidelines would be voluntary and
On 19 August 2025, the Financial Conduct Authority (FCA) published the Synthetic Data Expert Group’s Report, providing insights on assessing and mitigating common challenges associated with synthetic data use.
Background
Recognising synthetic data’s potential within the UK’s financial system, the FCA set up the Synthetic Data Expert Group (SDEG) in March
On 18 August 2025, the European Banking Authority (EBA) published its final draft Regulatory Technical Standards (RTS) on the allocation of off-balance sheet items and also set out the factors that might constrain institutions’ ability to cancel unconditionally cancellable commitments.
Background
As explained by the EBA in its final report, the
On 18 August 2025, the European Securities and Markets Authority (ESMA) published its registration guide providing insight for financial entities within ESMA’s remit seeking to operate within the European Union’s financial markets.
It outlines the phases and steps undertaken in ESMA’s assessment of applications for registration – completeness, compliance, and final decision –
The Texas State Securities Board (“TSSB”) and the New Jersey Bureau of Securities (“NJBS”) issued guidance to investment advisers on the use of data aggregation services and third-party financial platforms.
The full update can be found here on our US Regulatory Intelligence platform.
The U.S. Department of Labor (“DOL”) rescinded previous guidance that discouraged fiduciaries from including alternative assets in 401(k) retirement portfolios.
The full update can be found here on our US Regulatory Intelligence platform.