On 13 June 2025, the Council of the EU issued a press release which stated that it had adopted targeted changes to EU liquidity rules for the banking sector.

Changes

The changes, set out in a draft Regulation amending the Capital Requirements Regulation (CRR) as regards requirements for securities financing transactions under the net stable funding ratio, renders permanent the current transitional ratio levels of certain short-term securities financing transactions held by banks. These ratio levels are used to help calculate a key prudential and stability requirement known as the net stable funding ratio. Without intervention the transitional ratio levels would be increased on 28 June 2025.

Our previous blog on the changes can be found here.

Next steps

This is the last step of the adoption procedure.

The amendments to the CRR will now be published in the Official Journal of the EU and shall apply from 29 June 2025.

Under the updated legislation, the European Banking Authority will monitor and report on the impact of the amendments every five years.