Europe Reg Desk

Wednesday, 2026-08-12 · covering the last 24h

EU & ESMA

No material new ESMA or European Commission market-structure items in the last 24 hours. The Taxonomy-disclosure KPI consultation closed today as scheduled, but that is a sustainability-disclosure item, not market structure, and ESMA has not yet published feedback; final technical advice to the Commission isn't due until end-October. The EuroCTP consolidated-tape build (go-live targeted 14 September), the MiFIR RCB market-data transition period (running to 22 August) and the T+1 (Oct 2027) transition work are unchanged.

United Kingdom

No material new FCA or Bank of England/PRA market-structure items in the last 24 hours. CP26/30 and CP26/31 (consolidated-tape framework and market-structure reforms, feedback due 16 October), PS26/15 (transaction-reporting policy, published 3 August) and PS26/16 (IPO research information-flow reforms) are unchanged.

National & exchanges

No material market-structure news from BaFin/Deutsche Börse, AMF/Euronext, Consob/Borsa Italiana, CNMV/BME, AFM, SIX or Nasdaq Nordic in the last 24 hours.

Informational only — summaries of public regulatory sources; not advice.