Financial Compliance

ECB Discusses Bank Exposure to Iran War and Geopolitical Risks

The ECB's Supervisory Board Member Pedro Machado discussed European banks' exposure to the Iran war and geopolitical risks in an interview. He noted that direct exposures are modest, but emphasized the need for banks to embed geopolitical events into capital planning and stress-testing frameworks.

Speech on EU Banking Regulatory Framework

A speech by Patrick Montagner of the ECB discusses the fragmentation of the EU banking regulatory framework and calls for deeper integration. The speech highlights the need to remove barriers to capital and liquidity flows and further develop crisis management frameworks to enhance global competitiveness.

EBA Consultation on Credit Risk Framework Simplification

The European Banking Authority (EBA) has opened a consultation on the simplification and assessment of the credit risk framework. The consultation period runs until May 10, 2026, and interested parties are invited to submit their responses.

EBA Consultation on Suitability Questionnaire Standards

The European Banking Authority (EBA) has launched a consultation on draft Regulatory Technical Standards (RTS) specifying the minimum content for suitability questionnaires, CVs, and internal assessments. The consultation period closes on May 25, 2026.

ESMA EBA Consultation on Suitability Guidelines for Management Body Members

The European Securities and Markets Authority (ESMA) and the European Banking Authority (EBA) have launched a consultation on draft joint guidelines for assessing the suitability of management body members and key function holders. The consultation period runs until May 25, 2026.

Consultation on Amending Systemic Risk Buffer Guidelines

The European Banking Authority (EBA) has launched a consultation on proposed amendments to its guidelines concerning the appropriate subsets of exposures for the application of the systemic risk buffer. The consultation period closes on April 30, 2026.

Consultation on Prudential Transactions Under CRD

The European Banking Authority (EBA) has closed its consultation on technical standards for prudentially material transactions under the Capital Requirements Directive (CRD). The consultation period ran from December 5, 2025, to March 5, 2026, and several industry responses were received.

SRB Technical Meeting on Bank Reorganisation Plan Analysis Reports

The Single Resolution Board (SRB) is holding a technical meeting on March 3, 2026, to discuss its Operational Guidance on Business Reorganisation Plan Analysis Reports. This guidance, currently open for public consultation, aims to refine existing requirements for banks regarding resolution readiness.

SRB Operational Guidance on Separability and Transferability Updated

The Single Resolution Board (SRB) has updated its operational guidance for banks on separability and transferability. The revisions align with resolvability self-assessment requirements and provide an operational framework for transfer playbooks and testing, aiming to enhance banks' crisis readiness.

Single Resolution Fund Target Level Reached; Banks Not Paying Levies

The Single Resolution Board announced that the Single Resolution Fund (SRF) has reached its target level of over EUR 81 billion as of the end of 2025. Consequently, banks will not be required to contribute to the SRF for the third consecutive year, unless circumstances change.