On 26 August 2026 the European Banking Authority opened a four-month consultation on draft Regulatory Technical Standards that will spell out, article by article, the operational risk management framework every institution subject to the Capital Requirements Regulation has to run. The mandate sits in Article 323(2) of Regulation (EU) No 575/2013 (the CRR), as amended…
On 25 August 2026 the European Banking Authority opened a three-month consultation on the mechanics of investment firm reclassification into credit institutions. Meeting an Article 8a(1) threshold triggers an application for credit institution authorisation; it does not itself complete the reclassification, and Article 8a(2) CRD permits the undertaking to continue the relevant activities until authorisation…
For payment card schemes within Article 7 of Regulation (EU) 2015/751, Commission Delegated Regulation (EU) 2018/72, in force since 7 February 2018, specifies the card scheme processing separation requirements: the accounting, organisational and decision-making independence applying between schemes and processing entities. Article 7 does not apply to three-party payment card schemes unless the scheme is…
ESMA opened a consultation on 18 August 2026 on the technical standards that turn EMIR Article 7d into a working return, and comments close on 12 October 2026. Article 7d, added to EMIR by Regulation (EU) 2024/2987 (EMIR 3), requires clearing members and clients that clear contracts through a central counterparty recognised under Article 25…
On 3 August 2026 the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority, acting together as the ESAs, sent the European Commission a final report and a set of draft regulatory technical standards that rewrite one paragraph of the EMIR bilateral margin requirements. The paragraph is…
The number that decides whether a firm falls inside the EU clearing obligation is about to be measured differently. Under EMIR 3, Regulation (EU) 2024/2987, the EMIR 3 clearing thresholds stop asking how much a counterparty trades over the counter and start asking how much it leaves uncleared. On 25 February 2026 ESMA published its…
On 23 July 2026 the European Banking Authority opened four public consultations on the first batch of DGSD3 depositor protection standards, the technical rules that will put the revised Deposit Guarantee Schemes Directive into daily operation. The comment window on all four closes on 23 October 2026. For banks and the teams that feed deposit…
On 17 July 2026 the European Banking Authority published its final draft Regulatory Technical Standards (EBA/RTS/2026/06) and Implementing Technical Standards (EBA/ITS/2026/03) covering four operations that CRD VI brought under prudential supervision for the first time: material acquisitions, material transfers of assets or liabilities, mergers and divisions carried out by credit institutions and financial holding companies….
On 8 July 2026 the European Securities and Markets Authority published its final report on the technical standards that flesh out how EU central counterparties must build their CCP admission criteria (ESMA91-1505572268-4692). The standards sit under Article 37(7) of EMIR, the participation-requirements article that Regulation (EU) 2024/2987, better known as EMIR 3, rewrote when it…
The EBA objects to two Commission amendments on operational risk RTS under CRR3. What changed, what it means for reporting teams, and how to prepare.