European Union: Commodities/Derivatives/Stock Exchanges

The European Parliament's Economic and Monetary Affairs Committee has published two draft reports on the Market Integration and Supervision Package that significantly expand the European Commission's proposals, introducing comprehensive direct ESMA supervision over all EU CCPs and CSDs, direct oversight of significant asset management groups, and a statutory competition mandate for ESMA. These far-reaching changes to EU capital markets supervision architecture will fundamentally impact regulated firms' supe

The European Commission has adopted two delegated acts as part of the CSRD simplification under the Omnibus I package...

The EU Market Integration and Supervision Package represents a comprehensive overhaul of European financial services regulation, amending 19 separate pieces of legislation including MiFIR, MiFID II, EMIR, and MiCAR. Born from the 2024 Draghi Report and 2025 Competitiveness Compass, this sweeping reform seeks to address regulatory fragmentation across Member States while fostering deeper capital market integration and broader retail investor participation.

On 24 February 2026, the European Securities and Markets Authority (ESMA) issued a public statement addressing the increasing prevalence of derivatives marketed as "perpetual futures"...

ESMA withdraws market data guidelines as new regulatory standards take effect, while AMLA assumes full AML/CFT oversight from EBA. How will these regulatory shifts reshape compliance frameworks for financial institutions across the European Union?

There were several important legislative changes which were published over the course of February 2026. Below is an overview of the key updates across different areas.

Regulation (EU) 2025/2088 of the European Parliament and of the Council of 8 October 2025 amending Regulations (EU) No 1092/2010...

On 24 July 2025 ESMA published a new webpage on the volume cap mechanism (VCM) under the Markets in Financial Instruments Regulation (MiFIR) along with a press release.

The European Union has successfully established a single market for goods and services, yet its capital markets remain fragmented and less efficient than those of other major economies.