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 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
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 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