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ESMA finalises updated guidelines on delay in disclosure of inside information under MARAI illustration
StablePolicyReported 2026-10-16

ESMA finalises updated guidelines on delay in disclosure of inside information under MAR

The European Securities and Markets Authority (ESMA) has finalised its review and updated the Market Abuse Regulation (MAR) guidelines on when issuers may delay disclosure of inside information. The update adds five new legitimate interests for delay and removes those related to protracted processes, effective upon publication in all 24 EU official languages.

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Why it matters. This change affects EU-listed issuers and market participants by clarifying the conditions under which inside information disclosure may be delayed, impacting compliance practices and market transparency.

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Who and what it touches

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From ESMA

Each line is a relation with evidence behind it, drawn in the direction it points. A line shows that two things are connected, not how far this change reaches.

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Evidence

  • EESMA newsRegulator2026-10-16
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor
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