On 21 May 2025, the European Commission (Commission) issued its fourth simplification Omnibus which is intended to deliver on a commitment to simplify EU rules and reduce administrative burdens.
Background
In its work programme of 11 February 2025 the Commission announced a series of ‘Omnibus’ proposals targeting overlapping, excessive or outdated rules that
On 22 May 2025, there was published in the Official Journal of the EU (OJ) Commission Delegated Regulation (EU) 2025/1003 of 24 January 2025 supplementing Regulation (EU) No 600/2014 of the European Parliament and of the Council as regards OTC derivatives identifying reference data to be used for the purposes of the transparency
In the latest episode of our EMEA insights series, Maria Beatrice Gilesi of our Milan office discusses recent communications from the Italian regulators regarding MiCA, DORA, CRD 6 and AI.
Listen to the episode here.
As part of the third wave of its Roadmap for Retail Investor Online Safety, the International Organization of Securities Commissions (IOSCO) published on 19 May 2025 final reports on finfluencers, online imitative trading practices and digital engagement practices (DEPs). All three reports identify good practices that regulators could consider in managing
On 14 May 2025, the Dutch government published their new approach to anti-money laundering (AML) in a letter to the Dutch Parliament. The Dutch government has introduced a new direction in its AML policy, driven by concerns that existing measures have placed an undue burden on legitimate citizens and businesses. In a recent
On 8 May 2025, the European Commission issued calls for evidence for an impact assessment on the future Directive and Regulation for the Savings and Investments Union (SIU).
The call for evidence follows the Commission’s adoption of a strategy for the SIU on 19 March 2025.
The deadline for responding to the calls
On 7 May 2025, the European Commission (Commission) adopted a Commission Delegated Regulation amending Commission Delegated Regulation (EU) 2022/930 as regards fees relating to the supervision by the European Securities and Markets Authority (ESMA) of consolidated tape providers (CTPs).
Background
Commission Delegated Regulation (EU) 2022/9302 is based on Article
On 7 May 2025, the European Commission (Commission) adopted a Commission Delegated Regulation (EU) amending Commission Delegated Regulation (EU) 2022/803 as regards rules of procedure for the exercise of the power to impose fines or periodic penalty payments by the European Securities Markets Authority (ESMA) with respect to consolidated tape providers
On 7 May 2025, the European Securities and Markets Authority (ESMA) issued its Final Report containing technical advice to the European Commission (Commission) on a range of topics related to the legislative changes brought by the Listing Act in respect of the Market Abuse Regulation (MAR) and the part
On 6 May 2025, the European Securities and Markets Authority (ESMA) published its response to the European Commission’s (Commission) targeted consultation document on the functioning of commodity derivative markets.
Background
On 26 February 2025, the Commission published a targeted consultation document on the functioning of commodity derivatives markets. The consultation document