February 2026

On 26 February 2026, the European Securities and Markets Authority (ESMA) issued a Supervisory Briefing on algorithmic trading across the EU.

The Supervisory Briefing draws on insights from a previous Common Supervisory Action on pre-trade controls, as well as supervisory experience and discussions with Member State competent authorities (NCAs).

Background

Algorithmic

On 26 February 2026, the Basel Committee on Banking Supervision launched a new section of its website that sets out a consolidated version of its guidelines and sound practices for banks and supervisors. The website has been published, initially in draft form, together with a consultative document to gather feedback from stakeholders. The deadline for

On 26 February 2026, there was published in the Official Journal of the EU (OJ), Directive (EU) 2026/470 of the European Parliament and of the Council of 24 February 2026 amending Directives 2006/43/EC, 2013/34/EU, (EU) 2022/2464 and (EU) 2024/1760 as regards certain corporate sustainability reporting requirements and certain corporate sustainability due diligence requirements.

On 25 February 2026, the European Parliament issued a press release stating that three of its committees voted to endorse proposals introducing the concept of small mid-cap enterprises (SMCs) and extending to them various exemptions that so far have been available to small and medium enterprises (SMEs).

The press release states

On 26 February 2026, the European Banking Authority (EBA) issued an Opinion following the European Commission’s (Commission) amendments to the final draft regulatory technical standards specifying what constitutes an equivalent legal mechanism to ensure the completion of a residential property under construction within a reasonable timeframe, as laid down in the

On 26 February 2026, the European Securities and Markets Authority (ESMA) issued a consultation paper on regulatory technical standards (RTS) on the post trade risk reduction (PTRR) services exemption.

Background

Regulation (EU) No 2024/2987 (EMIR 3) introduces an exemption from the clearing obligation for transactions resulting from

On 26 February 2026, the Financial Conduct Authority (FCA) published Consultation Paper 26/7: Credit Information Market Study: Proposed approach to implementing FCA remedies (CP26/7) setting outs its proposals to improve how consumer credit information is shared and used across retail lending markets.

Background

In December 2023 the FCA published a final

On 24 February 2026, the Financial Conduct Authority (FCA) updated its webpage on good practice and areas for improvement on the annual Consumer Duty board report by providing extra insight for smaller firms.

Background

Following the FCA’s initial review of firms’ board reports in 2024, the FCA mentions that it knows that smaller

On 25 February 2026, the European Securities and Markets Authority (ESMA) issued a Final Report on draft technical standards amending Regulation (EU) 149/2013 to further detail the new European Market Infrastructure Regulation (EMIR) clearing thresholds regime.

Background

The Final Report follows an earlier consultation that ESMA issued last April.

Structure of