The Market Wrap.

Europe Reg Desk

Friday, 2026-09-25 · covering the last 24h

EU & ESMA

No material ESMA, European Commission (DG FISMA) or EBA items, and no new ECB rulemaking (SSM, TARGET2/T2S, collateral or macroprudential), in the window. Standing files — the EU/UK T+1 transition (11 October 2027), the MiFIR review/consolidated tape and the Listing Act — are unchanged since the last edition.

United Kingdom

No material FCA or Bank of England/PRA rulemaking items in the window.

National & exchanges

No new items from BaFin/Deutsche Börse, AMF/Euronext, Consob/Borsa Italiana, CNMV/BME, AFM, SIX or Nasdaq Nordic, and no rule-relevant items from the SNB, Riksbank, Norges Bank or Danmarks Nationalbank in the window.

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

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