On 28 May 2025, the Council of the EU published the text of the draft Regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards requirements for securities financing transactions under the net stable funding ratio. The draft Regulation enters into force on the day following its publication in the Official Journal of the EU. It shall apply from 29 June 2025.

Our earlier blog on the draft Regulation can be found here.