The Market Wrap.

Europe Reg Desk

Friday, 2026-08-21 · covering the last 24h

EU & ESMA

No material new ESMA, European Commission or EBA equity-market items in the last 24 hours. No Governing Council item either; the ECB's account of its 23 July meeting remains due 27 August. One deadline to note: the MiFIR reasonable-commercial-basis transition period for market data providers authorised before 23 November 2025 ends tomorrow, 22 August.

United Kingdom

No material new FCA or Bank of England/PRA market-structure items in the last 24 hours; no MPC meeting in this window (next 17 September). CP26/30 (equity market transparency) and CP26/31 (consolidated tape provider call for input) remain open, both closing 16 October.

National & exchanges

No material new items from BaFin/Deutsche Börse, AMF/Euronext, Consob/Borsa Italiana, CNMV/BME, AFM, SIX or Nasdaq Nordic in the last 24 hours. No national central bank decisions fell in this window: the SNB's next quarterly assessment is September, and Norges Bank's and Danmarks Nationalbank's last actions predate this window.

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

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