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…
On 17 December 2024 the European Securities and Markets Authority published its Final Report and, in Annex III, the Guidelines on the conditions and criteria for the qualification of crypto-assets as financial instruments, reference ESMA75453128700-1323. That document, often shortened to the CAFI Guidelines, addresses whether a crypto-asset qualifies as a financial instrument and is therefore…
On 7 July 2026 ESMA published a supervisory briefing on triangular passporting under MiFID II (reference ESMA35-243228190-8065), and the CSSF relayed it to Luxembourg professionals in a communique dated 17 July 2026. Triangular passporting is the arrangement where an authorised investment firm serves clients in one Member State through a branch or tied agent it…
On 13 July 2026 the CSSF published its MiFIR DPE notification template, a short XLSX form that Luxembourg credit institutions and investment firms use to apply for designated publishing entity (DPE) status under Article 21a of MiFIR. The form is the point at which a firm formally tells its national regulator that it is willing…
On 13 July 2026 the CSSF published a new version of its CSSF MiFID II/MiFIR FAQ, the question-and-answer document that sets out how the regulator expects Luxembourg investment firms and credit institutions to run transaction reporting, transparency and commodity-derivative obligations in practice. Several answers carry a fresh 13 July 2026 stamp, and four are new…
On 13 July 2026 the CSSF published five standardised XLSX notification forms on its Markets in Financial Instruments (MiFID II/MiFIR) page, covering algorithmic trading, direct electronic access, systematic internaliser status, designated publishing entity status and commodity derivatives. For algorithmic-trading and DEA notifications, the workbook replaces the Q&A-table format referenced in the CSSF’s communication of 26…
The CSSF workbook titled Notification of a commodity derivative is a contract-identification form. Its fields cover the submission and admission dates, commodity classification, contract name, unit and lot conversion, trading-venue identifiers, product code, ISIN, whether economically equivalent OTC contracts exist and the total number of securities issued. It does not collect position-holder or open-interest data…
Sign a service agreement to run portfolio management technology for an external manager, switch it on, and assume the corporate object in your statutes already covers it. That is the sequence the CSSF IFM ancillary services notification is built to interrupt. On 19 June 2026 the CSSF told the Luxembourg fund industry that an investment…
A client tells your adviser they want their portfolio to do some good. The questionnaire captures only low taxonomy-alignment ranges, the product shelf cannot meet the initial preference, and the file does not explain whether or why the preference was adapted. On 6 May 2026, ESMA told supervisors across the EU that these are the…
Put a financial product on a blockchain and the hardest question is which rulebook the token sits under, not how the token works. Get the MiCAR perimeter wrong and a reporting team builds the wrong control set around the wrong instrument: white-paper notifications and crypto-asset service provider records where a prospectus, and potentially MiFID/MiFIR controls…