On 19 December 2025, the European Securities and Markets Authority (ESMA) issued its latest report on Suspicious Transaction and Order Reports (STORs).

The report seeks to provide the market with an overview of the use of STORs in different jurisdictions across the EU and how this has evolved over time.

Compared to previous years ESMA notes that there are no major changes, albeit a slight decrease in the total number of notifications received by Member State competent authorities.