
On the 25th of September 2025, the European Securities and Markets Authority published its updated Compliance Table regarding its Guidelines on specific aspects of the suitability requirements and the format of the periodic statement for portfolio management activities under Regulation 2023/1114/EU (MiCAR). The Compliance Table lists, where applicable, the competent authorities for the implementation of MiCAR in the EU Member States, Iceland, Liechtenstein and Norway, and indicates whether or not these authorities comply or intend to comply with the ESMA Guidelines.