The proposed 28th regime is framed as a structural response to fragmentation in the internal market. Its ambition is clear: offer an optional European legal framework that allows innovative companies — particularly in technology, fintech and digital assets — to scale across borders without navigating 27 separate systems.From the perspective of innovators, the promise is simplicity and speed.From the perspective of regulators, the objective is harmonisation and legal certainty

Document date: 7 May 2024 Summary: The European Securities and Markets Authority (ESMA) has launched a call for evidence on the review of...