The European Banking Authority (EBA) has published its final Guidelines on the management of Environmental, Social, and Governance (ESG) risks. The Guidelines establish requirements for institutions to identify, measure, manage, and monitor ESG risks, ensuring their resilience in the short, medium, and long term. The Guidelines detail the necessary internal processes and ESG risk management arrangements that institutions must implement in accordance with the Capital Requirements Directive (CRD6). The Guidelines will be effective from 11 January 2026, with an extension to 11 January 2027 for small and non-complex institutions.

The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) under Article 45j (2) of the Bank Recovery and Resolution Directive 2014/59/EU (BRRD), amending the Commission Implementing Regulation (EU) 2021/622 to update the framework for reporting Minimum Requirement for Own Funds and Eligible Liabilities (MREL) decisions by resolution authorities. The ITS will apply from 31 December 2025 and are accompanied by revised Annex I (reporting template) and Annex II (instructions).

The European Banking Authority (EBA) has published its final regulatory technical standards (RTS/2025/05) under Article 124(14) of Regulation (EU) 575/2013 (Capital Requirements Regulation) (CRR), as amended by Regulation (EU) 2024/1624 (CRR3). The RTS specify what constitutes an ‘equivalent legal mechanism’ to ensure that properties under construction are completed within a reasonable timeframe. The standards form part of the EBA’s roadmap for implementing the EU Banking Package and aim to harmonise the prudential treatment of residential real estate exposures under construction across the EU. They set out enforceability conditions, minimum creditworthiness requirements, and guarantee terms, allowing recognition of national completion guarantee schemes subject to a 20% risk weight cap.

The European Banking Authority (EBA) has published its final draft regulatory technical standards (RTS) under Article 111(8) of the Capital Requirements Regulation (EU) No 575/2013 (CRR), setting out criteria for assigning off-balance sheet items not listed in Annex I to risk buckets based on conversion probability. The RTS also identify four factors—related to risk management, commercial obligations, reputational concerns, and litigation risk—that may constrain institutions’ ability to cancel unconditionally cancellable commitments. A notification process for items carrying similar risks is to be implemented via the COREP framework to reduce reporting burden. The RTS include illustrative examples to support classification and clarify the treatment of contractual arrangements not yet accepted by clients. The draft standards will be submitted to the European Commission for endorsement, followed by scrutiny by the European Parliament and the Council.

The European Banking Authority (EBA) has published final amendments to its regulatory technical standards (RTS) on the fundamental review of the trading book (FRTB). The revisions mostly aim to align these RTS with the Capital Requirements Regulation (CRR3) and ensure stability in the applicable regulatory framework. The RTS are part of the roadmap on the Banking Package.

The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) for a centralised Pillar 3 data hub, which will centralise prudential disclosures from large and other institutions on the EBA website. This initiative is part of the Banking Package under the Capital Requirements Regulation (CRR3) and Capital Requirements Directive (CRD6). Additional detailed information will be provided in an onboarding communication plan expected by the end of the first quarter of 2025. The ITS outlines IT solutions, data exchange formats, and technical validations for submitting Pillar 3 disclosures. Institutions will have a transition period from June to December 2025 to adapt to the new process. The EBA has incorporated feedback from a pilot exercise and consultation phase into the final draft ITS. A separate consultation for small and non-complex institutions is set to be launched in the first half of 2025.

The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) on the supervisory benchmarking of credit risk and market risk for the 2026 exercise. The most significant change is the restriction of market risk data collection to the Alternative Standardised Approach (ASA), applicable only to banks with internal model approval. The planned expansion to ASA banks and the use of Alternative Internal Model Approach (AIMA) templates has been deferred following the European Commission’s postponement of the Fundamental Review of the Trading Book (FRTB). For credit risk, the asset class definitions used in benchmarking portfolios have been aligned with those adopted in the revised internal ratings-based (IRB) templates under the supervisory reporting ITS following the implementation of Basel III. Data collection deadlines have been slightly postponed to support the transition to the DPM 2.0 reporting format.

The European Banking Authority (EBA) has published final draft Implementing Technical Standards (ITS) to standardise the reporting of charges for credit transfers and payment accounts, and shares of rejected transactions under the Single Euro Payments Area (SEPA) Regulation. Adjustments to the final draft ITS reflect feedback from the EBA’s public consultation, leading to a 12-month extension of the initial reporting deadline for payment service providers (PSPs) to April 2026, with National Competent Authorities (NCAs) reporting to the EBA and European Commission by October 2026.

The European Banking Authority (EBA) has published the final draft regulatory technical standards (RTS) that set out the requirements, templates and procedures for handling complaints received by issuers of asset reference tokens (ARTs). The draft RTS fulfil a mandate conferred on the EBA in the Markets in Crypto-Assets Regulation (MiCAR) and were developed in close co-operation with the European Securities and Markets Authority (ESMA).

The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) amending the existing Implementing Regulation on the joint decision process for internal model authorisation under the Capital Requirements Regulation (CRR). These revisions are part of the first phase of the EBA roadmap for implementing the EU banking package and incorporate changes to the EU legal framework. Key amendments include a revised scope for the use of internal models for regulatory purposes under CRR III, specifically removing the possibility of applying these models for operational risk, resulting in the deletion of references to the Advanced Measurement Approach (AMA); and updated references to the ITS and regulatory technical standards (RTS) on the functioning of supervisory colleges. This final draft ITS have been developed in accordance with Article 20(8) of the Regulation (EU) 575/2013 (CRR), as amended by Regulation (EU) 2024/1623.

MLex: The European Banking Authority (EBA) has published three sets of final draft regulatory technical standards (RTS) concerning the Markets in Crypto-Assets Regulation (MiCAR) on 7 May 2024, as well as one set of final draft implementing technical standards (ITS). These standards aim to regulate access to the EU market by issuers of asset-referenced tokens (ARTs), and by those intending to exercise significant influence on these undertakings by the acquisition of qualifying holdings. The reports are attached below. The press release follows:

The European Banking Authority (EBA) has published three final draft technical standards for the implementation of the EU Banking Package. They will allow supervisors to monitor institutions’ compliance, in order to promote consistent and enhanced supervision. The EBA is seeking to ensure comprehensive and accurate representation of operational risk in banks' financial statements.