European Union: Commodities/Derivatives/Stock Exchanges

Arthur Cox LLP presents key regulatory developments in European financial services for May 2026, covering the final compromise texts for PSD3 and PSR, the Central Bank of Ireland's integration of crypto-asset...

The European Union has reached a compromise on the Payment Services Directive 3 (PSD3) and Payment Services Regulation (PSR), introducing sweeping changes to harmonise payment rules across Member States. The package addresses fragmentation under PSD2 by migrating conduct-of-business rules into directly applicable regulations, while introducing new provisions on cash access, cryptocurrency payment services, fraud liability, and open banking.

Forensic Risk Alliance hosted a panel discussion examining the evolving regulatory frameworks governing cryptocurrency and stablecoins across France, the US, and UK, exploring how MiCA, the GENIUS Act, and emerging legislation shape dispute resolution. The panel analyzed jurisdiction challenges, evidence tracing complexities, and enforcement hurdles that arbitration practitioners now face in this rapidly developing field.

On 10 October 2025, ESMA published a statement relating to the application of certain provisions of MiFIR and the MiFID II Directive in light of amendments made under MiFIR II and the MiFID III Directive.

Malta's Notified Personal Investment Fund regime is quietly becoming the structure of choice for discerning family offices seeking European presence with operational flexibility and regulatory...

The CSSF's Circular 25/901 (Circular) consolidates and modernizes the supervisory framework for Luxembourg SIFs, SICARs and Part II UCIs.

The EU's Listing Act is changing how companies handle insider information and aims to ease insider management—especially in long-term processes like the preparation of interim reports.

Welcome to our EU crypto update - a roundup of key Irish and EU legislative and regulatory developments shaping the crypto-asset sector.

New guidance resolves key uncertainties under ATAD 2 reverse hybrid rules and provides immediate compliance roadmap for fund structures.