February 2026

On 25 February 2026, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) launched a consultation paper on the revised joint guidelines on the assessment of the suitability of members of the management body and key function holders.

Background

The EBA-ESMA joint guidelines on the notions of

On 24 February 2026, the Council of the European Union adopted the final text of the Omnibus Directive simplifying sustainability reporting and due diligence requirements.

Overview

The Omnibus Directive simplifies the directives on corporate sustainability reporting (CSRD) and corporate sustainability due diligence (CS3D) by reducing the reporting burden and limiting the

On 24 February 2026, the Financial Conduct Authority (FCA) published a webpage introducing nine annual Regulatory Priorities reports (the Reports) to replace its portfolio letters.

Each Report outlines the FCA’s priority areas of focus for a given sector and the regulator’s further relevant work to be undertaken in the next year. The

On 24 February 2026, the Financial Conduct Authority (FCA) published a Memorandum of Understanding (MoU) that it has entered into with the Independent Football Regulator (IFR), an independent non-departmental public body which is responsible for regulating the top five tiers of English Men’s football. The IFR was established under

On 24 February 2026, the European Securities and Markets Authority (ESMA) issued a statement reminding firms of their obligation to assess whether newly offered products fall within scope of existing product intervention measures on contracts for differences (CFDs).

ESMA has issued this statement in response to the increased offering of derivatives

On 23 February 2026, the European Securities and Markets Authority (ESMA) published a decision adopted by its Board of Supervisors to withdraw its guidelines on market data obligations under the Markets in Financial Instruments Directive II (MiFID II) and Markets in Financial Instruments Regulation (MiFIR).

The Board of Supervisors

On 23 February 2026, the European Banking Authority (EBA) published a follow-up report (the Report) of its peer review on information and communication technology (ICT) risk assessment under the Supervisory Review and Evaluation Process (SREP).

Background

The Report is a follow-up to the EBA peer review report published

On 23 February 2026, the European Securities and Markets Authority (ESMA) issued a consultation paper on draft regulatory technical standards (RTS) amending Commission Delegated Regulation 153/2013 in relation to public guarantees, public bank guarantees and commercial bank guarantees as collateral and in relation to certain aspects of investment policy and highly

On 23 February 2026, the European Parliament’s Economic and Monetary Affairs Committee issued a draft report on digital assets – challenges for the competitiveness and integrity of the European Union’s financial system. The draft report explores the impact of the emergence of digital assets on the financial services sector and what that means for the