ESMA

  • ESMA MiCA Review Response: What CASPs and Token Issuers Should Map

    ESMA’s response to the European Commission’s targeted consultation on the review of Regulation (EU) 2023/1114 on markets in crypto-assets (MiCA), reference ESMA75-113276571-1721, is dated 30 September 2026, the day the consultation closed. The ESMA MiCA review response is written as a thematic policy paper, and its asks reach the processes a crypto-asset service provider (CASP)…

  • CSSF Insider List Templates: Fields Dropped Under ITS 2026/1291

    The CSSF publishes two templates for insider lists under Article 18 of the Market Abuse Regulation (MAR): the general “Template for insider lists and updating insider lists” and the template for issuers of financial instruments admitted to trading on SME growth markets. The legal format behind the CSSF insider list templates is set by Commission…

  • ESAs Autumn 2026 Risk Update: The Reporting Data Behind the Warning

    The ESAs Autumn 2026 risk update, published on 23 September 2026 by the EBA, EIOPA and ESMA through their Joint Committee (reference JC 2026 29), puts a number on bank exposure to private credit and then qualifies it in a footnote. EU/EEA banks’ exposures to private credit funds and related asset managers reached nearly EUR…

  • DORA Major Incident Reporting: The ESAs’ Filing Instructions

    On 16 September 2026 the three European Supervisory Authorities, the EBA, EIOPA and ESMA, published joint operational instructions for DORA major incident reporting. Short and technical, the document addresses something narrow and, for reporting teams, immediate: how selected fields of the major-incident template are expected or recommended to be populated, so that the data reaching…

  • ESRS XBRL Taxonomy: Digital Tagging Before the Mandate

    On 17 September 2026, EFRAG released the draft ESRS XBRL taxonomy for the revised ESRS and opened a public consultation that runs until 11 November 2026. The taxonomy is the technical structure that will let a sustainability statement prepared under the revised European Sustainability Reporting Standards be produced in a machine-readable form. EFRAG plans to…

  • ESMA Prospectus Disclosure Guidelines: The 9 November 2026 Deadline

    ESMA published a full package of prospectus materials on 9 September 2026, and only one part of it is still open for comment. The European Securities and Markets Authority put out a Consultation Paper on updated Guidelines on disclosure requirements under the Prospectus Regulation (Regulation (EU) 2017/1129), revised its Q&As, finalised Guidelines on supplements that…

  • EMIR Article 7d Reporting: The New Third-Country CCP Return

    ESMA opened a consultation on 18 August 2026 on the technical standards that turn EMIR Article 7d into a working return, and comments close on 12 October 2026. Article 7d, added to EMIR by Regulation (EU) 2024/2987 (EMIR 3), requires clearing members and clients that clear contracts through a central counterparty recognised under Article 25…

  • Commodity Derivatives Position Reporting: ESMA’s 3 September Go-Live

    On 14 August 2026 ESMA confirmed that the reworked weekly commodity derivatives position reporting framework goes live on 3 September 2026. From that date, an investment firm or market operator operating an EU trading venue whose relevant contract is subject to the Article 58 weekly-reporting obligation must submit the weekly report to ESMA using the…

  • EMIR Bilateral Margin: The Draft RTS Releasing Initial Margin

    On 3 August 2026 the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority, acting together as the ESAs, sent the European Commission a final report and a set of draft regulatory technical standards that rewrite one paragraph of the EMIR bilateral margin requirements. The paragraph is…

  • Guarantees as CCP Collateral: What ESMA’s Draft RTS Changes

    On 23 February 2026 ESMA opened a consultation (paper reference ESMA91-1505572268-4513) on the draft regulatory technical standards that set the conditions for using guarantees as CCP collateral at an EU central counterparty. The consultation closed on 30 April 2026. The subject is narrow on paper and wide in practice: the draft RTS amends Commission Delegated…