Banking

On 16 December 2025, the Single Resolution Board (SRB) published its Expectations on Valuation Capabilities following a consultation that took place between 2 April to 2 July 2025.

EU banks’ capabilities to produce data for valuations are addressed explicitly by Principle 5.2 of the SRB’s Expectations for Banks, which requires banks to have

On 12 December 2025, the European Central Bank (ECB) announced that it will be assessing 110 directly supervised banks on the management of geopolitical risk.

As a key driver of macroeconomic uncertainty, geopolitical risk remains at the centre of the ECB’s supervisory priorities for 2026-28.

Reverse geopolitical risk stress test

As part of

On 3 December 2025, the European Banking Authority (EBA) issued a consultation paper containing draft regulatory technical standards (RTS) amending Delegated Regulation 2017/390 as regards certain prudential requirements for central securities depositories (CSDs) and designated credit institutions offering banking-type ancillary services.

Background

In March 2022, the European Commission proposed

On 26 November 2025, the Single Resolution Board (SRB) published its Work Programme for 2026.

Next year the SRM will continue to build on the Single Resolution Mechanism Vision 2028 strategy which will include the further operationalisation of tools and applying revised methodologies such as the revamped resolvability assessment and dry runs

On 29 September 2025, there was published in the Official Journal of the EU, Corrigendum to Commission Delegated Regulation (EU) 2024/895 of 13 December 2023 amending Delegated Regulation (EU) 2015/63 as regards the calculation of eligible liabilities and the transitional regime. The Corrigendum inserts into Commission Delegated Regulation (EU) 2024/895 a new annex.

On 26 September 2025, the Single Resolution Board (SRB) published Operational Guidance on Resolvability Testing for Banks (Operational Guidance).

The SRM Vision 2028 calls for an increased focus on banks’ operational readiness to implement resolution strategies. A key component of the SRM Vision 2028 is resolvability testing.

The purpose of the

On 23 September 2025, the European Banking Authority (EBA) published its advice in response to the European Commission’s (the Commission) Call for Advice (CfA) on the review of the EU covered bond framework.

Background

On 27 November 2019, the EU adopted a covered bond legislative package composed of the Covered