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European Securities and Markets Authority (ESMA) Regulatory Reform New Regulations

Hogan Lovells

ESMA finalises report on prospectus changes: Main changes for debt securities

Hogan Lovells on

On 12 June 2025, ESMA published its Final Report on the more detailed content requirements of the changes introduced by the EU Listing Act to the EU Prospectus Regulation, including in relation to the standardised format and...more

Mayer Brown

ESMA Publishes Final Report on Technical Advice Concerning the Prospectus Regulation

Mayer Brown on

A) BACKGROUND On October 8, 2024, the EU Council adopted the Listing Act – a regulation amending, among other things, the Prospectus Regulation (EU) 2017/1129. Even though the Listing Act went into force on 4 December 2024,...more

A&O Shearman

ECON adopts proposal on shortening of the settlement cycle to T+1 for CSDR

A&O Shearman on

European Parliament's Committee on Economic and Monetary Affairs has adopted a proposal to amend the Central Securities Depositories Regulation (CSDR), introducing a shorter settlement cycle for transferable securities...more

A&O Shearman

CTPs brought into scope of ESMA rules for DRSP fines and fees

A&O Shearman on

The European Commission has adopted delegated regulations amending the rules for data reporting service providers (DRSP) fines and fees to include consolidated tape providers (CTPs) in scope. Previously, the relevant...more

Mayer Brown

ESMA Publishes Final Report on Changes to MAR Inside Information Disclosure Rules

Mayer Brown on

On 7 May 2025, the European Securities and Markets Authority (ESMA) published its Final Report on, among other things, technical advice concerning EU Market Abuse Regulation (MAR) provisions that have been amended pursuant to...more

Hogan Lovells

EU wholesale markets – EU Council adopts proposed EU Benchmarks Regulation amendments

Hogan Lovells on

The EU has adopted a regulation amending the EU Benchmarks Regulation. The amendments relate primarily to: reducing the population of benchmarks within scope of the Benchmarks Regulation; introducing a new spot FX-related...more

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