SFDR review – Level 1 text publishedOn 20 November 2025, the European Commission published its revised Level 1 text for the Sustainable Finance Disclosure Regulation (SFDR) framework. This text serves as an overhaul to the original framework, adopted in 2019 and...

November’s regulatory developments reflect a continued recalibration of global supervision—faster markets, evolving consumer protections, and continuing regulatory attention on operational resilience.

October brings another round of regulatory developments that underscore how financial markets are shifting toward deeper disclosure, sharper oversight, and increased reliance on data-driven supervision.

Regulatory bodies worldwide are signaling new priorities that will shape compliance, operational processes, and technology investment in the months ahead.

In this edition: Inconsistent terminology and transaction classifications across frameworks Redundancy caused by dual-sided reporting (notably under EMIR and SFTR) Fragmented IT infrastructure and disparate reporting channels ESMA outlines two major paths forward:...

As we enter the second half of 2025, regulators across North America and Europe are recalibrating their priorities.

As the regulatory environment continues to evolve, we are seeing greater pressure to adapt faster and smarter.

With the current administration signaling a shift in regulatory tone, many in financial services expected a sharp turn away from the regulatory expansion of recent years.

A new AIFMD for the UK is beginning to take shape.