On 23 January 2026, the European Systemic Risk Board (ESRB) issued a summary compliance report that assesses compliance with certain aspects of Recommendation ESRB/2019/18 on exchange and collection of information for macroprudential purposes on branches of credit institutions having their head office in another Member State or in a third country. The Recommendation
The Netherlands
EBA updates RTS to streamline resolution planning and strengthen cooperation in resolution colleges
On 23 January 2026, the European Banking Authority (EBA) issued a Final Report containing updated draft Regulatory Technical Standards (RTS) on resolution plans and on the functioning of resolution colleges. The revisions aim to simplify and refocus resolution planning while improving the effectiveness of cooperation and coordination among authorities.
The Bank…
Commission consults on draft Delegated Regulations supplementing ESG Rating Regulation
- Fees charged by the European Securities and Markets Authority (ESMA) to ESG rating providers. Article 42, paragraph 2, of the ESG Rating Regulation requires the European
ECB staff contribution to the Commission’s targeted consultation on the application of the market risk prudential framework
- The implementation of the
Commission issues consultations on the EU venture and growth capital funds reform
On 15 January 2026, the European Commission issued both a targeted and public consultation to collect stakeholder feedback on the barriers that arise from the application of the European Venture Capital Funds Regulation (EuVECA), the Alternative Investment Funds Directive (AIFMD) and Member State national legal frameworks for investment funds, together with…
Commission Notice on the application of the sustainable finance framework and the Corporate Sustainability Due Diligence Directive to the defence sector
On 30 December 2025, there was published in the Official Journal of the EU, Commission Notice on the application of the sustainable finance framework and the Corporate Sustainability Due Diligence Directive to the defence sector. The Notice is intended to help market operators ensure compliance with the requirements of the EU sustainable finance framework in…
ESMA thematic notes on clear, fair and not misleading sustainability-related claims and ESG strategies
On 14 January 2026, the European Securities and Markets Authority (ESMA) issued a thematic note on sustainability-related claims, focusing on ESG strategies.
The thematic note contains four principles for making sustainability claims to ensure that all claims are clear, fair, and not misleading and thereby avoid the risk of greenwashing. The principles do…
ESMA updates guidelines on stress test scenarios under the MMF Regulation
On 13 January 2026, the European Securities and Markets Authority (ESMA) issued a Final Report containing updated guidelines on stress test scenarios under the Money Market Funds Regulation (MMF Regulation).
The MMF Regulation provides that ESMA shall develop guidelines with a view to establishing common reference parameters of the stress test…
ESAs sign MoU with FCA, PRA and BoE
On 14 January 2026, the Financial Conduct Authority, Bank of England and Prudential Regulation Authority signed a Memorandum of Understanding (MoU) with the European Supervisory Authorities to enhance cooperation and oversight of critical third parties (CTPs) that fall under the UK’s CTP regime. The MoU establishes a framework for coordinating and…
ESMA updates Data Strategy and adopts new Digital Strategy
On 13 January 2026, the European Securities and Markets Authority (ESMA) announced that it had adopted a new Digital Strategy and updated its Data Strategy.
Data Strategy
The Data Strategy 2023–2028 has been updated to reflect the focus on burden reduction, the evolving technological landscape, and ESMA’s desire for unlocking efficiency opportunities. While…