Operational Implications of the EU's Market Integration and Supervision Package
| Research Report | 16 Pages | 10 Conclusions | 16 Action Items
On December 4, 2025, the European Commission published the Market Integration and Supervision Package (MISP): a Master Regulation, a Master Directive, and a proposed Settlement Finality Regulation that together amend 19 pieces of EU financial services legislation. It is the most consequential post-trade legislative proposal since CSDR, and it arrives as the operational core of the Savings and Investments Union strategy announced in March 2025.