Italy

On 26 August 2026, the European Banking Authority (EBA) published a consultation Paper proposing draft Regulatory Technical Standards (RTS) on operational risk management frameworks under Article 323 of the Capital Requirements Regulation (CRR), as amended by the EU Banking Package implementing the final Basel III reforms.

Background

The RTS are intended

On 25 August 2026, the European Banking Authority (EBA) published consultation paper on three draft Regulatory Technical Standards (RTS) concerning the reclassification of investment firms as credit institutions.

Background

Under the Capital Requirements Directive (CRD) framework, Markets in Financial Instruments Directive (MiFID) investment firms whose total assets

On 24 August 2026, the European Commission (the Commission) published its request to the European Securities and Markets Authority (ESMA) to provide technical advice on implementing key aspects of the Retail Investment Strategy (RIS). The RIS is designed to encourage greater retail participation in EU capital markets while ensuring stronger investor protection

On 19 August 2026, the Council of the EU published a letter from the European Commission (Commission) to the European Banking Authority (EBA) (dated 20 July 2026) regarding endorsement of the draft regulatory technical standards (RTS) amending Commission Delegated Regulation (EU) No 241/2014 on the timing for the application

On 17 August 2026, there was published in the Official Journal of the EU (OJ), Commission Delegated Regulation (EU) 2026/1000 of 5 May 2026 supplementing the European Market Infrastructure Regulation by specifying the method for the determination of fees charged by the European Banking Authority for the validation of the pro forma models

On 14 August 2026, the European Securities and Markets Authority announced that the new weekly commodity derivatives position reporting framework will go live on 3 September 2026.

From this date, market participants will be required to submit weekly position reports in accordance with the updated requirements, technical specifications and validation rules introduced by XML schema

On 12 August 2026, there was published in the Official Journal of the EU (OJ) Commission Implementing Regulation (EU) 2026/1872 of 29 July 2026 amending the implementing technical standards laid down in Implementing Regulation (EU) 2016/2070 as regards benchmark portfolios, reporting templates and reporting instructions to be applied in the Union for the

3 July – 3 August 2026

Introduction

ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.

Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.

There is

On 3 August 2026, the European Banking Authority (EBA) issued an opinion on the application of the provisions relating to the boundary between trading book and banking book, and on the internal risk transfer between books. The EBA also issued a document setting out its considerations on the application of the Fundamental Review

On 3 August 2026, the European Supervisory Authorities (ESAs) issued a Final Report on draft Regulatory Technical Standards (RTS) amending Commission Delegated Regulation (EU) 2016/2251 with regard to initial margin requirements applicable to contracts of counterparties that fall below the threshold.

Background

Commission Delegated Regulation (EU) 2016/2251 adopts the RTS on