5/22/2026 10:05:18 AM MiFID II: Commission adopts Delegated Regulation establishing an EU code of conduct for issuer-sponsored research By Karen Cooper Stephen Clipsham The European Commission has adopted its Delegated Regulation supplementing MiFID II with regards to the Regulatory Technical Standards...
5/21/2026 1:10:47 PM What Claude Mythos means for financial services firms’ operational resilience By Jamie Johnson Jennifer Calver Simon Treacy In a step-change moment for cybersecurity, last month Anthropic announced Claude Mythos, a model with significantly stronger cyber...
5/19/2026 12:17:48 PM ESMA identifies areas for further supervisory convergence on compliance and internal audit in the funds sector By Stephen Clipsham Most fund managers are complying with the key requirements under AIFMD and UCITS, according to the results of ESMA’s 2025 Common...
5/19/2026 12:11:15 PM Commission examines functioning of EU Money Market Funds Regulation By Stephen Clipsham The EU’s regulatory framework for money market funds (MMFs) continues to function well overall, according to a report published by the...
5/15/2026 9:13:02 AM ESMA launches call for evidence on the structure of European equity markets By Karen Cooper Stephen Clipsham ESMA has launched a call for evidence on the market structure of European equity markets as part of its commitment to enhancing...
5/13/2026 11:58:58 AM MiFID II: ESMA provides clarification on the Trading Venue Perimeter By Karen Cooper Stephen Clipsham ESMA has updated its Opinion on the Trading Venue Perimeter providing clarification as to when certain systems qualify as multilateral...
5/11/2026 5:27:24 PM ESMA sets out proposals for integrated funds data reporting By Karen Cooper Stephen Clipsham Funds reporting in the asset management sector is currently subject to significant fragmentation due to the coexistence of several...
5/7/2026 2:03:14 PM ESMA provides interim update on transaction reporting reform By Karen Cooper Stephen Clipsham As part of its broader simplification and burden reduction agenda, ESMA has published its interim report on its call for evidence on a...
5/7/2026 11:08:32 AM ESMA encourages regulatory supervisors to adopt a ‘proportionate approach’ to firms implementing MiFID II sustainability requirements By Stephen Clipsham ESMA encourages regulatory competent authorities to adopt a ‘proportionate supervisory approach’ to firms implementing their MiFID II...
5/6/2026 9:41:27 AM EU DGSD reform brings more “bank‑style” protection for client funds – what it means for firms and their bank partners By Marius Raetz Dr Clemens Boehm Client funds have always sat in a slightly awkward place in EU financial regulation. Sectoral rules for payment institutions (PSD 2),...
5/1/2026 4:23:30 PM Issues for Boards and Financial Sponsors 2026 By Stephen Clipsham Boards are operating in an environment of heightened uncertainty – geopolitical tension, rapid technological change, climate risk and...
4/16/2026 2:24:40 PM EU MiFID II/MiFIR Review: Commission adopts RTS on order execution policies after year-long hiatus By Karen Cooper The European Commission has adopted the new RTS on investment firms’ order execution policies, almost a year to the day after the...
4/16/2026 9:23:00 AM AIFMD II takes effect at last By Premlata Fagan After a lengthy legislative process, the deadline for local transposition of AIFMD II (Directive (EU) 2024/927) (which amends both the...
2/27/2026 12:42:52 PM MiFID II: ESMA issues supervisory briefing on algorithmic trading By Stephen Clipsham The European Securities and Markets Authority (ESMA) has published a supervisory briefing providing guidance to investment firms and...
2/26/2026 10:36:02 AM Join us for Linklaters Spring Conference: Regulatory Agenda for 2026 By Karen Cooper Victoria Hickman Stephen Clipsham Wednesday 18 March 20268:30am to 2:00pm GMT | Arrival and registration from 8:00amLinklaters LLP | 20 Ropemaker Street, London, EC2Y 9AR...
2/6/2026 10:58:00 AM Financial Regulation Legal Outlook 2026 By Stephen Clipsham Our Financial Regulation Outlook 2026 (now updated to January 2026) explores the key regulatory developments that we expect to see in the...