EU Financial Regulation Intelligence.
Powered by AI. Grounded in Law.
Query 6,695+ regulatory provisions across MiCAR, MiFID II, AIFMD, DORA, and 130+ sources.
Get structured legal analysis in minutes — not weeks.
Covering EU · Netherlands · Luxembourg · Germany | 133+ regulatory sources | Updated daily from 28 monitoring feeds
The €50,000 Question
A single legal opinion on MiFID II classification costs €50,000–€100,000 and takes 4–8 weeks. A DORA compliance assessment from a Big 4 firm runs €200,000+. Most fund managers, wealth managers, and compliance teams can’t afford to ask the question — let alone get the answer.
financialregulations.eu changes that equation.
How We Compare
The same regulatory question, four different approaches.
| Law Firm | Big 4 Consultant | Generic AI (ChatGPT) | Argus | |
|---|---|---|---|---|
| MiFID II classification opinion | €50K–€100K | €80K–€150K | Unreliable | €599/mo |
| DORA compliance assessment | €100K–€200K | €200K–€400K | Unreliable | €599/mo |
| AIFMD fund document review | €30K–€60K | €50K–€100K | Unreliable | €599/mo |
| Turnaround time | 4–8 weeks | 6–12 weeks | Minutes | 90 seconds |
| Capabilities | ||||
| Cites specific articles & recitals | ||||
| Covers 6,695+ provisions | ||||
| Updated daily from 28 feeds | ||||
| Structured deliverable output | ||||
| Available 24/7 | ||||
| No hallucination risk | ||||
Prices based on published rate cards from Magic Circle law firms and Big 4 advisory practices (2024–2025). Argus is a regulatory research tool, not a replacement for legal counsel. All outputs must be reviewed by qualified legal professionals before reliance.
Built For Professionals Who Need Answers
Whether you manage funds, advise clients, or ensure compliance — Argus gives you structured regulatory analysis grounded in primary sources.
Fund Managers & AIFMs
Navigate AIFMD II, SFDR, and cross-border distribution. Review prospectuses, PPMs, and fund documentation against regulatory requirements.
"Does my Luxembourg RAIF need to appoint a liquidity management tool under AIFMD II?"
In-House Legal Counsel
Get first-draft regulatory analysis in minutes instead of weeks. Use structured outputs as briefing documents for external counsel review.
"What are the Article 16 AIFMD delegation requirements for a third-country sub-adviser?"
Compliance Officers
Monitor regulatory change across 28 feeds. Run gap analyses against DORA, MiCAR, and MiFID II obligations.
"Which DORA RTS requirements apply to our ICT third-party contracts?"
Wealth & Asset Managers
Understand MiFID II suitability obligations, product governance rules, and cross-selling restrictions for your client portfolios.
"What are the MiFID II product governance requirements for distributing a structured product?"
Consultants & Advisors
Deliver faster, better-sourced regulatory analysis to your clients. Use Argus as a force multiplier for your advisory practice.
"Compare SFDR Article 8 and Article 9 disclosure requirements for a real estate fund."
Crypto & Digital Asset Firms
Navigate the MiCAR/MiFID II boundary. Determine token classification, CASP licensing requirements, and white paper obligations.
"Is a governance token with fee-sharing a financial instrument under MiFID II?"
Three Ways to Use Argus
Query regulations, review documents, or monitor changes — all grounded in primary legal sources.
Regulatory Q&A
Ask any question about EU financial regulation. Get cited, structured answers grounded in primary legislation, implementing measures, and supervisory guidance.
“Does a tokenized RAIF require CSSF approval under the Blockchain IV Law?”
→ Structured answer with article citations in 30 seconds.
Document Review
Upload a prospectus, fund document, compliance policy, or advisory report. Select your deliverable type. Receive a structured legal analysis with statement-by-statement assessment, risk ratings, and gap identification.
Supports: PDF, DOCX, Markdown, HTML
Regulatory Monitoring
28 regulatory sources monitored daily across EU, NL, DE, and LU. EUR-Lex Official Journal, ESMA, EBA, ECB, AFM, DNB, BaFin, CSSF, and more. Get alerted when regulation changes that affects your business.
Coming soon: automated impact assessment for your specific regulatory profile.
Document Review in Action
Upload a document, configure your analysis, and receive a structured regulatory review with article-level citations.
Upload Document
Upload your prospectus, fund document, compliance policy, or advisory report.
PDF · 2.4 MB
fund_prospectus_raif_2026.pdf
Configure Analysis
Select jurisdiction, deliverable type, and guiding prompt.
Guiding prompt
Regulatory compliance review against AIFMD II, SFDR Art. 8, and Luxembourg RAIF requirements
Argus Analyses
Hybrid retrieval across 6,695+ provisions. Claude generates structured analysis with citations.
Processing
47 provisions retrieved · 12 regulations matched · 3 jurisdictions
Structured Deliverable
Receive a comprehensive analysis with article-level citations, risk ratings, and recommendations.
Output
Export as Markdown, PDF, or DOCX
Liquidity Management Tools (Art. 16 AIFMD II)
Gap IdentifiedProspectus does not specify at least one LMT from the ESMA list. AIFMD II Art. 16(2)(a) requires AIFMs of open-ended AIFs to select at least one LMT. Recommendation: add anti-dilution levy or swing pricing mechanism.
Delegation Arrangements (Art. 20 AIFMD II)
CompliantDelegation to sub-adviser is properly documented with substance requirements. The AIFM retains portfolio management oversight and risk management functions as required by Art. 20(1).
SFDR Art. 8 Disclosures
PartialPre-contractual disclosures under Annex II of Delegated Reg. (EU) 2022/1288 are present but missing the PAI indicators table required by Art. 7 SFDR RTS. Minimum 14 mandatory indicators must be disclosed.
From Question to Answer in 90 Seconds
A simple four-step workflow from regulatory question to actionable deliverable.
Ask or Upload
Type a regulatory question or upload a document for review. Select jurisdiction filters and deliverable type.
Argus Retrieves
Our knowledge base searches 6,695+ regulatory provisions using hybrid dense+sparse retrieval with graph expansion. Every answer is grounded in specific articles, recitals, and guidance documents.
Analysis Generated
Claude analyses the retrieved regulatory context against your question or document. The output is a structured deliverable with article-level citations, risk classifications, and actionable recommendations.
Download & Use
Export as Markdown, PDF, or DOCX. Use it as a first draft, a compliance checklist, or a briefing document for your legal team.
What’s in the Knowledge Base
A purpose-built regulatory knowledge base — not general training data. Every provision is structured, cited, and kept current.
6,695+
Regulatory Provisions
Curated regulatory chunks from primary legislation, implementing measures, supervisory guidance, and market practice standards.
4
Jurisdictions
EU-level regulation plus Netherlands, Germany, and Luxembourg — the three key fund domiciles and financial centres.
28
Monitoring Feeds
EUR-Lex, ESMA, EBA, ECB, EIOPA, AFM, DNB, BaFin, CSSF, and more — checked daily for regulatory change.
133+
Regulatory Sources
From MiCAR and MiFID II to AIFMD, DORA, SFDR, EMIR, and national implementation measures.
Regulations Covered
MiCAR
890+ provisions
MiFID II / MiFIR
1,200+ provisions
AIFMD / AIFMD II
680+ provisions
DORA + RTS
520+ provisions
SFDR + Taxonomy
340+ provisions
UCITS
290+ provisions
EMIR
310+ provisions
Prospectus Reg.
220+ provisions
MAR
280+ provisions
CRR / CRD
450+ provisions
AML Directives
380+ provisions
National (NL/DE/LU)
1,135+ provisions
Inside a Knowledge Base Entry
Every provision is stored with rich metadata — not raw text. Legal structure, temporal applicability, and cross-references are preserved.
eu-micar-art-3-1-5In forceDefinition of 'crypto-asset'
Regulation (EU) 2023/1114, Article 3(1)(5)
"'crypto-asset' means a digital representation of a value or a right which may be transferred and stored electronically, using distributed ledger technology or similar technology"
Cross-References
- →MiFID II Art. 4(1)(15) — Financial instruments definition
- →MiCAR Art. 2(4) — Scope exclusion for financial instruments
- →ESMA Guidelines ESMA75-453128700-1323 — Qualification criteria
Supervisory Guidance
- →ESMA Q&A on MiCAR, Section 2.1
- →AFM Guidance on crypto-asset classification (2024)
Metadata
Simple, Transparent Pricing
Start free. Upgrade when you need more queries, document reviews, or API access.
Built on Real Regulation, Not Training Data
Most AI legal tools rely on general training data that may be outdated, incomplete, or hallucinated. Argus is different: every response is grounded in a curated knowledge base of 6,695+ regulatory provisions, built and maintained by financial regulation specialists.
From the Blog
Insights on EU financial regulation and compliance
Important Disclaimer
financialregulations.eu is a regulatory intelligence tool, not a law firm. All outputs are generated by artificial intelligence and are provided for informational purposes only. They do not constitute legal advice, regulatory guidance, or a substitute for professional legal counsel. While we strive for accuracy and keep our knowledge base up to date, AI-generated analysis may contain errors, omissions, or misinterpretations of complex regulatory provisions. Always verify critical findings with a qualified legal professional before making regulatory, compliance, or business decisions. By using this service, you acknowledge that financialregulations.eu and its operators bear no liability for decisions made based on AI-generated outputs.