On 5 November 2025, the European Banking Authority (EBA) published its final Guidelines on environmental scenario analysis, which complements the EBA Guidelines on the management of Environmental, Social and Governance (ESG) risks by specifying supervisory expectations regarding how institutions should conduct environmental scenario analysis.
Background
The Guidelines, like the Guidelines
On 3 November 2025, the European Banking Authority (EBA) issued a consultation paper containing draft guidelines on the authorisation of third country branches in accordance with Article 48c(8) of the Capital Requirements Directive IV (as amended by Directive (EU) 2024/1619).
Scope
The draft guidelines are addressed to Member State competent authorities in charge
On 28 October 2025, the Basel Committee on Banking Supervision issued a technical amendment to the Basel Framework which relates to the circumstance where a bank uses a guarantee or credit derivative to hedge the counterparty credit risk of a derivative exposure subject to the standardised approach to counterparty credit risk or the internal models
On October 22, 2025, the German regulator, the Federal Financial Supervisory Authority (BaFin), issued a Circular on management board members and on members of administrative and supervisory bodies pursuant to the German Banking Act (Kreditwesengesetz – KWG). The Circular replaces two BaFin Guidance Notices: (i) The Guidance Notice on management board members pursuant to the
On October 15, 2025, the German regulator, the Federal Financial Supervisory Authority (BaFin), issued a general administrative act ( Produktinterventionsmaßnahme – Allgemeinverfügung BaFin 15 October 2025 ) concerning turbo certificates. The measure aims to strengthen investor protection when trading these highly speculative leveraged products. The product intervention measure restricts the marketing, distribution and sale of
On 15 October 2025, the European Banking Authority (EBA) and the European Securities and Markets Authority (ESMA) issued their technical advice in response the European Commission’s (Commission) Call for Advice (CfA) on the Investment Firms Regulation (IFR) and Investment Firms Directive (IFD).
Background
On 17 July 2025, the Prudential Regulation Authority (PRA) published Policy Statement 12/25 ‘Restatement of CRR and Solvency II requirements in PRA Rulebook – 2026 implementation’ (PS12/25).
In PS12/25 the PRA sets out its feedback to the responses to Consultation Paper 8/24 ‘Definition of Capital: restatement of CRR requirements in
We have published a new briefing note concerning the CRD VI – The new rules for cross-border banking business from third countries under CRD VI: What should non-EEA firms do now?
On 17 January 2025, the Prudential Regulation Authority (PRA) announced that, following consultation with HM Treasury, it was delaying the implementation of Basel 3.1 in the UK by one year until 1 January 2027.
The PRA states that the delay is to allow more time for greater clarity to emerge about the United
On 27 December 2024, there was published in the Official Journal of the EU (OJ) Commission Implementing Regulation 2024/3317 of 29 November 2024 laying down implementing technical standards for the application of the Capital Requirements Regulation (CRR) with regard to supervisory reporting of institutions and repealing Commission Implementing Regulation (EU) 2021/451.