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On May 2, 2024, the EU Official Journal published a Commission Notice clarifying transitional provisions under MiFIR Amendment (EU) 2024/791. This notice addresses the implementation challenges posed by the amended MiFIR provisions, ensuring regulatory continuity during the transitional period.

On December 14, 2023, the EU Council announced a provisional deal with the Parliament on corporate sustainability due diligence. Notably, the financial sector is temporarily exempt, pending a review for potential future inclusion.

On June 13, 2023, the European Commission unveiled a proposal for a Regulation on ESG ratings, aiming to enhance transparency and prevent conflicts of interest among rating providers.

European Commission launches Retail Investment Strategy (RIS) to address low market participation, empower retail investors, and adapt to new trends like digitalization and sustainability.

The EMIR clearing review, adopted by the plenary, aims to boost competitiveness against UK CCPs. Despite contentious negotiations, targeted measures are set to improve the framework. Final publication is expected in late Q3 or early Q4 2024.