On 9 October 2026, the Economic and Financial Affairs (ECOFIN) Council agreed on the key elements of the Market Integration and Supervision (MISP) package. The adoption of the negotiating position follows nine months of negotiations between Member States on possible amendments to the MISP legislative package, which was published by the European Commission
Italy
ESMA Public Statement – Extended transitional period for third-country CSDs
On 7 October 2026, the European Securities and Markets Authority (ESMA) issued a Public Statement regarding an extended transitional period for third-country central securities depositories (CSDs).
Background
CSDs established in a country outside of the European Union (third country CSDs) are allowed to provide notary services to issuers and central maintenance…
AMLA consults on draft RTS for AML/CFT central database
On 7 October 2026, the Anti-Money Laundering Authority (AMLA) issued a consultation paper on draft regulatory technical standards (RTS) on the anti-money laundering / countering the financing of terrorism (AML/CFT) central database under Article 11(6) of the AMLA Regulation (Regulation (EU)2024/1620) (AMLR).
Background
To support the effective…
Podcast | Banks M&A “bitesize”: Episode 1 – Bail in clauses
Introducing DealPoint: Banks M&A Bitesize, our new podcast series which takes a short, focused look at some of the legal and regulatory issues that can shape bank M&A transactions.
In the first episode Jochen Vester, Counsel based in our Frankfurt office specialising in Financial Services Regulation, joins us and we ask “are bail-in clauses always…
Council Presidency compromise texts on MISP
On 5 October 2026, the Council of the EU published a note from the Presidency to the Permanent Representatives Committee (COREPER) attaching the Presidency compromise texts of the three legislative proposals forming the market integration and supervision package (MISP).
The note states that the Presidency’s compromise text maintains the bulk of the European…
Draft Delegated Regulation amending the RTS in Delegated Regulation 2017/584 as regards certain organisational requirements of trading venues and circuit breakers
On 1 October 2026, the European Commission adopted a draft Delegated Regulation amending the regulatory technical standards laid down in Delegated Regulation 2017/584 as regards certain organisational requirements of trading venues and circuit breakers.
Article 1 of the draft Delegated Regulation introduces amendments to Delegated Regulation (EU) 2017/584 to: (i) further clarify the scope of…
AML finalises standards on Home – Host supervisory cooperation
On 1 October 2026, the Anti-Money Laundering Authority (AMLA) issued a Final Report on draft Regulatory Technical Standards (RTS) on the respective duties of the home and host supervisors, and the modalities of cooperation between them under Article 46(4) of the Sixth Anti-Money Laundering Directive (AMLD6).
The draft RTS…
AMLA finalises key standards for the private sector
- Article 28(1) AMLR mandates the AMLA to develop draft RTS specifying, among others, the requirements and information to be
ESMA responds to Commission’s consultation on the review of MiCA
On 30 September 2026, the European Securities and Markets Authority (ESMA) issued its response to the European Commission’s public consultation on the review of Markets in Crypto-Assets Regulation (MiCA).
ESMA argues that the revisited MiCA framework should bring clearer token classification, more effective supervision of cross-border risks including stronger convergence tools…
EBA 2027 Work Programme
On 30 September 2026, the European Banking Authority (EBA) published its Work Programme outlining the key areas of focus and deliverables for 2027.
The EBA’s areas of focus for 2027 include finalising the implementation of the 2024 “banking package”, implementing the new payment services framework, supporting crisis management and deposit insurance reforms…





