How global regulators are reshaping market access

January 13, 2026

Regulators across Europe and Australia are continuing to reshape how foreign firms access local markets, with a growing emphasis on clearly defined entry routes, supervisory oversight and structured reporting.

Zeidler Group, which offers compliance tools for investment funds law, recently delved into the key regulatory shifts to watch.

While market access remains open in principle, recent developments signal a more disciplined approach to cross-border activity. For fund managers and investment firms, understanding these evolving frameworks is now essential to maintaining compliant and efficient distribution strategies.

Monitoring and interpreting these changes has become increasingly complex as jurisdictions refine their rules at different speeds. At Zeidler Group, this challenge is addressed through its Global Knowledge Hub (GKH), which tracks regulatory developments and translates them into practical guidance for firms operating across multiple markets.

The Global Knowledge Hub continues to broaden its jurisdictional coverage, reflecting the pace and scale of regulatory reform globally.

In Italy, recent guidance highlights the importance of selecting the correct regulatory route when providing investment services. Firms must assess whether they can operate on a cross-border basis or whether establishing a local branch is required. Each option carries different supervisory and operational implications, from governance and reporting to ongoing regulatory engagement.

France has reinforced its focus on transparency and regulatory reporting for non-domestic firms. In 2025, the Autorité des Marchés Financiers reinstated its GECO database, giving foreign firms access to an online extranet for regulatory reporting and information on funds authorised for distribution in France.

In Australia, regulators have opted for regulatory continuity. Relief for foreign financial service providers, including sufficient equivalence relief and limited connection relief from Australian Financial Services Licence requirements, has been extended until 31 March 2027.

For more insights, read the full story here.