On 6 February 2026, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation 2026/305 of 29 October 2025 supplementing the European Market Infrastructure Regulation (EMIR) with regard to regulatory technical standards (RTS) specifying the operational conditions, the representativeness obligation and the reporting requirements related
Germany
ESMA 2027 – 2029 Programming Document
- ESMA will play a central role in the implementation of the Savings and Investments Union through policy making, enhanced supervisory convergence and potential new direct supervisory responsibilities.
- ESMA is
AMLA issues Single Programming Document for 2026-2028
On 4 February 2026, the EU Anti-Money Laundering Authority (AMLA) published its Single Programming Document for 2026-2028. The document is AMLA’s first multi-year plan, setting out priorities and timelines as it moves to delivery.
Among other things in 2026 AMLA will finalise the risk analysis and selection methodology which defines how obliged…
List of spot foreign exchange benchmarks exempt from the BMR
On 4 February 2026, the European Commission issued for consultation a draft Implementing Regulation supplementing the Benchmarks Regulation (BMR) by establishing a list of spot foreign exchange benchmarks exempt from its application.
The spot foreign exchange rate benchmarks listed in the Annex to the draft Implementing Regulation are designated as spot foreign exchange…
SRB consults on streamlining its approach on Business Reorganisation Plan Analysis Reports
- Operational guidance on the Business Reorganisation Plan (BRP) Analysis Reports. The purpose of this document is to provide operational guidance to draw up a BRP Analysis Report (BRP AR) for institutions to develop and demonstrate their
Risks in BaFin´s Focus 2026
On January 28, 2026, the German Federal Financial Supervisory Authority (‘BaFin’) has published its report “Risks in BaFin´s Focus 2026””. In BaFin´s view, the positive mood in the financial markets is marked by obscuring factors that can impact financial stability such as geopolitical turmoil and advancing digitalisation which is not only increasing the operational…
Delegated Regulation amending RTS on third country administrator recognition applications under BMR published in OJ
On 30 January 2026, Commission Delegated Regulation (EU) 2026/264 (the Amending Regulation), which contains amendments to regulatory technical standards (RTS) supplementing the Benchmarks Regulation ((EU) 2016/1011) (BMR) on third country administrator recognition applications, was published in the Official Journal of the European Union (the OJ).
The Amending Regulation makes…
ESMA publishes official translations of the guidelines for the criteria on the assessment of knowledge and competence under MiCA
On 28 January 20206, the European Securities and Markets Authority (ESMA) published a webpage with the official translations of its guidelines setting out the criteria to assess knowledge and competence under the Regulation on markets in cryptoassets ((EU) 2023/1114) (MiCA), the final report on which was published in July 2025.
Summary…
EBA: 2027-2029 Single Programming Document
On 29 December 2026, the European Banking Authority (EBA) published a draft of its 2027-2029 Single Programming Document (SPD), which sets out the EBA’s planning of activities and corresponding resource requirements at a three-year horizon.
The EBA explains in the SPD that it will be focusing on three priorities in 2027-2029…
EBA consults on climate-risk related amendments to guidelines on the systemic risk buffer under CRD IV
On 29 January 2026, the European Banking Authority (EBA) published a consultation on draft amendments to its guidelines (EBA/GL/2020/13) on the appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer, with the aim of addressing systemic risks stemming from climate change.
The revised…