ESMA

ESMA Consults on CCP Collateral and Investment Policy

The European Securities and Markets Authority (ESMA) has launched a public consultation on proposed changes to central counterparty (CCP) collateral and investment policies, stemming from EMIR 3. The consultation seeks feedback on the acceptance of various guarantees as collateral and the eligibility of debt instruments for CCP investment policies, with a deadline for responses on April 30, 2026.

ESMA Supervisory Briefing on CCP AAR Representativeness Obligation

The European Securities and Markets Authority (ESMA) has issued a supervisory briefing clarifying the representativeness obligation for Central Counterparties (CCPs) regarding their Approved Alternative Arrangements (AARs). This guidance aims to ensure consistent application of the obligation across the EU.

ESMA Supervisory Briefing on AAR Representativeness Obligation

The European Securities and Markets Authority (ESMA) has published a supervisory briefing clarifying expectations for counterparties regarding the active account requirement (AAR) representativeness obligation. The briefing provides guidance on identifying relevant subcategories, reporting trades, and includes an example of compliance.

ESMA Fines Regis-TR €1.37M for EMIR/SFTR Breaches

The European Securities and Markets Authority (ESMA) has fined Regis-TR €1.37 million for seven breaches of EMIR and SFTR regulations. This is ESMA's first enforcement action for SFTR breaches and the highest fine imposed on a trade repository, requiring Regis-TR to cease ongoing infringements.

ESMA Publishes Sovereign Bond Deferrals List

The European Securities and Markets Authority (ESMA) has published a list of supplementary deferrals for sovereign bonds under MiFIR, effective May 4, 2026. These deferrals allow for the omission of trade volume publication for medium-sized trades on liquid bonds until the end of the trading day.

ESMA Consultation on MAR Guidelines for Inside Information Disclosure Delay

The European Securities and Markets Authority (ESMA) is consulting on proposed amendments to its Market Abuse Regulation (MAR) guidelines concerning the delay of inside information disclosure. The changes aim to align with the Listing Act, reduce administrative burdens for issuers, and clarify requirements. Stakeholders are invited to provide feedback by April 29, 2026.

ESMA Statement on Prospectus Regulation Changes from Listing Act

The European Securities and Markets Authority (ESMA) has issued a statement clarifying the implementation of certain changes to the Prospectus Regulation introduced by the Listing Act. This guidance aims to provide clarity for market participants on the application of these amendments.

ESMA Consultation on MAR Guidelines for Delayed Inside Information Disclosure

The European Securities and Markets Authority (ESMA) has launched a consultation on draft guidelines concerning the delay of disclosure of inside information under the Market Abuse Regulation (MAR). The consultation aims to provide further clarity and consistent application of MAR provisions across the EU.

ESMA Consultation on MAR Guidelines for Delaying Inside Information Disclosure

The European Securities and Markets Authority (ESMA) has launched a consultation on draft guidelines concerning the conditions under which companies can delay the disclosure of inside information under the Market Abuse Regulation (MAR). The consultation seeks feedback on the interpretation and application of MAR provisions related to delaying disclosure.

ESMA Compliance Table for Sustainability Information Enforcement Guidelines

The European Securities and Markets Authority (ESMA) has published a compliance table for its Guidelines on Enforcement of Sustainability Information. This document serves as a reference for entities to understand compliance requirements related to sustainability disclosures.