On 29 April 2026, the European Banking Authority (EBA) published its Decision to partially delete sections of its guidelines on connected clients.
Since the EBA guidelines on connected clients were issued, Commission Delegated Regulation (EU) 2024/1728 has been adopted which now regulates certain of the matters covered in the guidelines. In particular, the Delegated Regulation specifies the circumstances in which the conditions for identifying groups of connected clients are met including the control relationship, the economic dependency and the combined control relationships and economic dependencies.
As such the EBA is of the view that it is no longer necessary to maintain the areas targeted by sections 4, 6 and 7 of the guidelines on connected clients and as such they should be deleted.
The EBA’s Decision enters into force immediately.