The Market Wrap.

Europe Reg Desk

Wednesday, 2026-11-04 · covering the last 24h

EU & ESMA

Nothing new from ESMA or the European Commission this window, and no fresh ECB rulemaking either — a collateral-haircut change that keeps surfacing in search dates to earlier this year and simply takes effect this month, not a new announcement.

United Kingdom

FCA tidies listing guidance to match the final UK Listing Rules. Guidance Consultation GC26/8 (Primary Market Bulletin No. 67, published 4 November) proposes amending Technical Notes 602.5 and 605.5 for consistency with July's Handbook Notice to the Prospectus Rules, and revoking Technical Note 103 and Procedural Note 902.4, both superseded by the final UKLR. Comments close 9 December. Guidance consultation

No November edition of the Bank of England's PRA Regulatory Digest has appeared yet; September's remains the newest.

National & exchanges

Nothing new out of Frankfurt, Paris, Milan, Madrid or the Nordics, and no fresh rule-relevant notice from Euronext or Deutsche Börse. Nothing retrieved from SIX this window. No rule changes from the SNB, Riksbank, Norges Bank or Danmarks Nationalbank.

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

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