​The European Banking Authority (EBA) today published the latest chapter of its resolution Handbook on simulation exercises for resolution authorities. The Handbook provides, for the first time, a comprehensive framework of best practices, methodologies and processes to support resolution authorities in enhancing their preparedness and operational capabilities through structured simulation exercises.

ESAs publish a guide on DORA Oversight activities 15 July 2025 Digital Finance and Innovation Joint Committee The European Supervisory Authorities (EBA, EIOPA, ESMA – the ESAs) today published a guide on oversight activities under the Digital Operational Resilience Act (DORA). The aim of this guide is to provide an overview of the processes used by the ESAs through the Joint Examination Teams (JET) to oversee critical Information and communication technology (ICT) third party service providers (CTPPs). This guide provides high-level explanations to external stakeholders regarding the CTPP Oversight framework. Furthermore, it provides an overview of the governance structure, the oversight processes, the founding principles and the tools available to the overseers. However, the guide is not a legally binding document and does not replace the legal requirements laid down in the relevant applicable EU law. The ESAs invite the public, financial entities and, crucially, third-party providers to use this

The European Supervisory Authorities (EBA, EIOPA, ESMA – the ESAs) today published a guide on oversight activities under the Digital Operational Resilience Act (DORA). The aim of this guide is to provide an overview of the processes used by the ESAs through the Joint Examination Teams (JET) to oversee critical Information and communication technology (ICT) third party service providers (CTPPs).

ESMA identifies future and potential data contributors for the equity CTP 10 July 2025 Trading The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today the list of data contributors to the equity Consolidated Tape Provider (CTP), based on the transaction reporting data collected. The list also includes trading venues that can choose to transmit data to the equity CTP and opt-in to the mandatory data contribution regime.  As specified in the Market in Financial Instruments Regulation (MiFIR) the trading venues opting-in will need to contribute data to the CTP within 30 days from the notification to ESMA.  ESMA will immediately update the list once a trading venue starts or ends operations and when a trading venue decides to voluntary opt-in.  Next steps The entities that decide to opt-in will communicate their decision to ESMA, at the following email address: secondary-markets@esma.europa.eu. Additionally, they will

ESMA identifies opportunities to strengthen MiCA authorisations 10 July 2025 Digital Finance and Innovation Supervisory convergence The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today the results of a peer review looking at the authorisation of Crypto Asset Service Providers (CASPs) in Malta under the Market in Crypto Assets Regulation (MICA). The peer review analyses the approaches adopted by the Malta Financial Services Authority (MFSA) in the authorisation and early supervision of a CASP and provides recommendations to strengthen these processes. It identifies overall a good level of resources and supervisory engagement within the authority, with some areas for improvement related to the assessment of authorisations. Key findings:  Some material issues where not fully resolved when MFSA granted the CASP authorisation; Some risks areas were not adequately assessed during the authorisation process; The MFSA has demonstrated a good level of expertise and supervisory

ESMA publishes its first Climate Transition Plan 08 July 2025 About ESMA The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, published today its first Climate Transition Plan, an important milestone in aligning ESMA’s own operations with the European Union climate objectives.  Under this plan, and in line with the Paris Agreement, ESMA commits to reducing its gross greenhouse gas (GHG) emissions by 15.4% in 2027 and 31.4% in 2030, compared to 2023.   Through the implementation of the Climate Transition Plan, ESMA aims to reduce the carbon footprint of its operations, particularly in relation to staff business travel, energy use, and food consumption.   In the short term, progress towards this goal will be achieved through:    introduction of an annual GHG budget to manage emissions from air travel,  optimising floor occupancy during certain periods of the year to reduce energy consumption, and  implementing incentives to lower-carbon

Investors should consider risks of unregulated products offered by regulated crypto assets entities 11 July 2025 Digital Finance and Innovation Investor protection The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, issued today a public statement warning investors of the ‘halo effect’ that can lead to overlooking risk when authorised crypto-asset service providers (CASP’s) offer both regulated and unregulated products and/or services. The statement also reminds CASPs of the issues that they should consider when providing unregulated products and services, recommending that they should be particularly vigilant about avoiding any client confusion regarding the protections attached to unregulated products and/or services.  To avoid any misunderstanding CASPs should clearly communicate the regulatory status of each product or service in all client interactions and at every stage of the sales process.  In addition, ESMA reminds crypto-assets entities of their obligation to act fairly, professionally and in the

Knowledge and competence of staff providing information on crypto-assets – ESMA criteria published 11 July 2025 Digital Finance and Innovation Guidelines and Technical standards The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published today the guidelines specifying the criteria for assessing the knowledge and competence of staff at crypto-asset service providers (CASPs) who provide information or advice on crypto-assets and services under the Markets in Crypto-Assets Regulation (MiCA). Concretely, the document:  provides guidance on the minimum level of knowledge and competence of staff through examples (including on professional qualification and appropriate experience for the provision of information or advice); and addresses specific features and risks of crypto-assets markets and services (e.g. high volatility of crypto-assets and cyber security risks) through the criteria for the assessment of the relevant staff’s knowledge and competence.  The guidelines will help CASPs to meet their obligations and act

The European Banking Authority (EBA) today launched three public consultations on Regulatory Technical Standards (RTS) and Guidelines (GL) on third-country branches under the Capital Requirements Directive (CRD) concerning booking arrangements, capital endowment and supervisory colleges. These regulatory products aim at ensuring a harmonised and consistent implementation of the new EU framework for third-country branches, enhancing comparability across Member States, and fostering effective supervisory cooperation. The three consultations run until 13 October 2025.

The European Banking Authority (EBA) today launched a public consultation to amend the EU Delegated Regulation on own funds and eligible liabilities. The proposed key amendment is the shortening of the timeframe to process the applications to reduce own funds and eligible liabilities instruments under the Capital Requirements Regulation (CRR), with the aim of simplifying processes. The consultation runs until 8 October 2025.

Targeted modifications of the GDPR: EDPB & EDPS welcome simplification of record keeping obligations and request further clarifications julia Wed, 07/09/2025 - 12:39 Wed, 07/09/2025 - 12:00 The European Data Protection Board (EDPB) and European Data Protection Supervisor (EDPS) issued today a Joint Opinion on the European Commission’s Proposal for a Regulation amending certain regulations, including the GDPR. Read Press Release Read Joint Opinion  0

The European Banking Authority (EBA) today launched a public consultation proposing to revise the EBA Guidelines on product oversight and governance (POG) arrangements for retail banking products. The proposed revision aims to prevent greenwashing and ensure that financial institutions meet the highest standards of business conduct when offering products with Environmental, Social and Governance (ESG) features to consumers. The consultation runs until 9 October 2025.

The European Banking Authority (EBA) today launched a public consultation on the draft Guidelines on the sound management of third-party risk. The draft Guidelines focus on third-party arrangements in relation to non-ICT related services provided by third-party service providers and their subcontractors with a particular focus on the provision of critical or important functions. These Guidelines revise and update the previous EBA Guidelines on outsourcing, published in 2019, in line with the Digital Operational Resilience Act (DORA). The consultation runs until 8 October 2025.