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On 7 July 2026, ESMA published a supervisory briefing on “ Triangular Passporting ” under Directive 2014/65/EU on markets in financial instruments (" MiFID II”, the “ Briefing”). Asset managers with MiFID permissions should review their cross-border structures now - ESMA expects full alignment with

On 3 June 2026, in Case T-1078/23, Meta Platforms, Inc. v European Commission, the General Court of the European Union (the “ Court”) delivered a judgment on an action for annulment brought by Meta Platforms, Inc. (“ Meta”) against a decision of the European Commission (the “ Commission”) adopted

ESMA flags persistent gaps in cross-border fund marketing compliance ESMA's cross-border fund marketing review confirms that, almost four years after the cross-border distribution of funds regime entered into force, many managers still fall short of regulatory expectations. ESMA has published its

On 24 February 2026, the European Union (“EU”) adopted Directive (EU) 2026/470 (the “Directive”), amending, inter alia, Directive 2006/43/EC, Directive 2013/34/EU, Directive (EU) 2022/2464 and Directive (EU) 2024/1760, with a view to strengthening corporate sustainability reporting and due diligence

On 24 February 2026, the European Union (“EU”) adopted Directive (EU) 2026/470 (the “Directive”), amending, inter alia, Directive 2006/43/EC, Directive 2013/34/EU, Directive (EU) 2022/2464 and Directive (EU) 2024/1760, with a view to strengthening corporate sustainability reporting and due diligence

On 19 November 2025, in Case T-367/23, Amazon EU v European Commission, the General Court of the European Union (the Court) delivered a seminal judgment on an action for annulment brought against a decision of the European Commission (the Commission) adopted pursuant to Regulation (EU) 2022/2065 of