On 16 October 2026, the European Securities and Markets Authority (ESMA) issued a Final Report setting out revised Market Abuse Regulation (MAR) guidelines on the delay in the disclosure of inside information.
Background
The Final Report follows a consultation that ESMA issued on the guidelines in February 2026. It sets out
On 14 October 2026, the Financial Conduct Authority (FCA) published Market Watch 86.
In this Market Watch, the FCA shares its observations from recent supervisory visits to UK retail brokerage firms. The FCA reviewed the systems, controls and governance arrangements firms use to identify and report potential market abuse.
Firms should consider
On 21 September 2026, the European Commission (Commission) published for consultation a draft Delegated Regulation amending the regulatory technical standards (RTS) laid down in Commission Delegated Regulation (EU) 2016/1052 as regards the conditions applicable to buy-back programmes and stabilisation measures.
Background
The European Securities and Markets Authority sent a Final Report
On 9 July 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) issued a news update on the findings of an exploratory study of the online choice environment of platforms that offer embedded insurance.
The study shows that these environments often contain several elements that may encourage consumers to
On 20 July 2026, the Dutch Minister of Finance published the Implementation Act on the review of MiFID II 2026 (Implementatiewet herziening MiFID II 2026, the Implementation Act) in the Dutch Government Gazette. Please refer to our earlier blog about the delayed implementation of the MiFID II review.
The Implementation Act amends
On 23 July 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) issued a news update on areas of attention for compliance and internal audit functions at Alternative Investment Fund Managers (AIFMs) and managers of Undertakings in Collective Investment in Transferable Securities (UCITS Managers)(collectively referred
On June 30, 2026, the German regulator, the Federal Financial Supervisory Authority (Bundesanstalt für Finanzdienstleistungsaufsicht – BaFin), published the revised circular “Minimum Requirements for Risk Management “(Mindestanforderungen an das Risikomanagement (MaRisk)) after consultation. It is the ninth revision of the MaRisk.
In brief, the revised MaRisk are shorter, more principles-based
On 17 June 2026, the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, AFM) published its Supervisory Review & Evaluation Process (SREP) market overview 2025. The SREP is a periodic survey that investment firms are required to complete, of which the results are used by the AFM to develop
The Senate has adopted the amendment to the bonus cap on 19 May 2026. This update outlines the key changes introduced by the amendment, including its impact on identified staff and the broader remuneration framework within the financial sector.
We also highlight practical steps that financial institutions may wish to consider in light of these
On 15 April 2026, Ofgem published a letter to all wholesale energy market participants and other interested parties setting out its concerns regarding the use of thresholds for the determination
of inside information under Article 4 of the Regulation on Wholesale Energy Market Transparency and Integrity (REMIT).
In particular, Ofgem is concerned with