On 17 October 2025, the Single Resolution Board (SRB) issued a consultation on operational guidance for banks’ communication in resolution, as well as a communication testing supplement to its operational guidance for resolvability testing for banks.
Background
Per Article 8(9)(n) of the Single Resolution Mechanism Regulation, a communication plan needs to be prepared
On 17 October 2025, there was published in the Official Journal of the EU (OJ), Regulation (EU) 2025/1958 of the European Central Bank of 9 September 2025 amending Regulation (EU) 2015/534 on reporting of supervisory financial information.
Our earlier blog on Regulation (EU) 2025/1958 can be found here.
It enters into force
On 15 October 2025, the Prudential Regulation Authority (PRA) updated its webpage and published interim guidance for firms when submitting their remuneration policy statement (RPS) tables to regulators following the PRA and Financial Conduct Authority’s Policy Statement 21/25: Remuneration Reform.
The PRA explained that it plans to consult on broader
On 15 October 2025, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) published Policy Statement 21/25: Remuneration Reform (PS21/25).
Background
On 26 November 2024, the PRA and the FCA published a joint Consultation Paper (PRA CP16/24 / FCA CP24/23) on proposed reforms to the dual-regulated firms’ remuneration
On October 8, 2025, the Financial Crimes Enforcement Network — jointly with the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, the National Credit Union Administration and the Office of the Comptroller of the Currency — issued answers to frequently asked questions that clarified when and how financial institutions should
On 6 October 2025, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2025/1979 of 1 October 2025 laying down implementing technical standards for the application of Regulation (EU) No 260/2012 of the European Parliament and of the Council with regard to uniform reporting templates, instructions and
On 1 October 2025, the European Banking Authority (EBA) published its work programme 2026.
Alongside the work programme, the EBA has published a Report prepared by the Task Force on Efficiency (TFE) composed of Board Supervisor members and EBA staff assessing the efficiency of the EU regulatory and supervisory framework for
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 30 September 2025, the Prudential Regulation Authority (PRA) issued a Dear Chief Financial Officer Letter to selected PRA-regulated deposit-takers providing thematic feedback from the PRA’s review of written auditor reports received in 2025 covering IFRS 9 expected credit loss accounting (ECL) and accounting for climate risk.
The PRA’s focus this
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