Inside information: revised MAR guidelines
ESMA updates legitimate interests supporting delayed disclosure.
Key takeaways
Five situations are added; references to protracted processes are revised following the June 2026 changes.
Impacts & actions
Liravo editorial analysis · assess against your authorisation and activities.
- Publication type
- Revised guidelines
- Timing to note
- Applicable upon publication in all 24 official languages.
Relevant institutions
Issuers subject to MAR, including listed financial institutions.
Impact to assess
Review decision-making and delay documentation.
Actions to consider
- Compare disclosure procedures with the revision.
- Update decision templates following scope assessment.