On 16 May 2025, the European Banking Authority (EBA) repealed its guidelines on specification of types of exposures to be associated with high risk. The EBA has repealed these guidelines on the basis that they are no longer needed. The guidelines were originally mandated by Article 128 of the Capital Requirements Regulation (CRR) and clarified which exposures should be considered as ‘high risk exposures’. However, the CRR 3 removed this exposure class with Article 128 now only referring to ‘subordinated debt exposures’.