The Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the AFM) and the Dutch Central Bank (De Nederlandsche Bank, DNB) have updated their Simplified Fine Procedure (Procedure vereenvoudigde afdoening boetezaken). This procedure allows for simplified settlement of a fine imposed by AFM or DNB. It was originally
On 11 March 2026, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2026/519 of 10 March 2026 amending the implementing technical standards laid down in Implementing Regulation (EU) 2021/622 as regards the frequency of reporting and the information to be reported. Commission Implementing Regulation (EU) 2021/622
On 10 March 2026, the European Commission issued a report to the Council and the European Parliament on the preparedness in the EU financial sector.
The report provides an overview of the current state of preparedness of the EU financial sector, building on continued discussions with the European Central Bank, the European Supervisory Authorities, the
In our latest briefing note, we summarise the key changes introduced by the Payment Services Directive 3 and Payment Services Regulation, consider key divergences from PSD2, and outline what firms should be thinking about as they prepare for the new EU legislation.
On 5 March 2026, the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA) issued a Call for Advice inviting the European Supervisory Authorities to develop technical advice to inform the review of the Disclosures Delegated Act (Commission Delegated Regulation 2021/2178) under the Taxonomy Regulation.
The DG FISMA states that
On 5 March 2026, the Council of the EU formally adopted the legislative package for the crisis management and deposit insurance (CMDI) framework review in first reading. The formal adoption follows a political trilogue agreement with the European Parliament reached on 25 June 2025.
The legislative package was proposed by the European Commission
In our latest briefing note, we explain the upcoming changes to the EU Emissions Trading System (EU ETS) and the UK Emissions Trading Scheme (UK ETS) as carbon pricing enters a new phase through the expansion of their emissions trading systems to cover new sectors while introducing broader carbon measures
On 2 March 2026, the European Securities and Markets Authority (ESMA) published the following final reports on draft regulatory technical standards (RTS) on margin transparency requirements and information on clearing fees and associated costs under the European Market Infrastructure Regulation (EMIR).
Background
On 24 June 2025, ESMA issued consultation
On 5 March 2026, the European Parliament issued a report which includes a draft legislative resolution (dated 27 February 2026) on a proposal for a Directive of the European Parliament and of the Council amending the Markets in Financial Instruments Directive II and the Critical Entities Resilience Directive as regards the extension of certain mitigating