Market Intelligence

The EU AI Act's Article 50 transparency rules extend beyond high-risk AI systems to cover everyday applications including chatbots, synthetic images, video, audio and text. This discussion examines the main obligations for providers and deployers, the importance of documentation, and the European Commission's voluntary Code of Practice on Transparency of AI-generated Content. The conversation also explores the wider AI Act implementation timetable, including the December 2026 transition date and extended de

The Court of Justice of the European Union has ruled that Member States may deny dividend withholding tax exemptions under the Parent-Subsidiary Directive even when the receiving parent company maintains genuine economic activity. This landmark decision examines whether tax authorities can look beyond immediate corporate structures to assess the entire chain of transactions for artificial arrangements designed to obtain tax advantages.

The European Commission's proposed EU KIDS Act aims to harmonise online child safety rules across Europe, introducing age-based access restrictions for social media platforms and prescriptive safety-by-design requirements. Will these new regulations, which expand beyond existing Digital Services Act provisions to cover online games, AI companions, and app stores, effectively protect children while balancing innovation and parental rights?

The European Insurance and Occupational Pensions Authority (EIOPA) has published its Draft Single Programming Document for 2027-2029, marking a pivotal shift from implementation design to supervisory execution as revised Solvency II and the Insurance Recovery and Resolution Directive take effect. This comprehensive framework introduces enhanced cross-border supervision, proportionality measures, and crisis preparedness protocols that will fundamentally reshape how insurance supervision operates across the E

The EU has assembled several regulatory and infrastructure components necessary to support tokenised securitisation, creating opportunities for interoperability with the UK despite distinct legal frameworks. The commercial question is whether these components can be connected across the transaction lifecycle from origination through redemption, as a tokenised note alone does not achieve that connection. A genuinely end-to-end model must determine which events produce intended legal effects and which remain

The European Securities and Markets Authority has published its 2027 work programme and simplification report, signaling a shift toward operational supervision of capital markets. Firms now face critical decisions on T+1 settlement readiness, innovation controls, and reporting reform, while crypto-asset service providers must address non-compliant tokens within three months.