European Banking Authority meaning

2026 This timeline highlights significant developments relating to the Bank Recovery and Resolution Directive 2014/59/EU (EU BRRD) from 2024 onwards. For earlier events, see Bank Recovery and Resolution Directive (BRRD)-timeline [Archived]. 11 March 2026 - European Commission: Commission Implementing Regulation (EU) 2026/519 of 10 March 2026, which amends the implementing technical standards set out in Implementing Regulation (EU) 2021/622 concerning reporting frequency and the information to be reported, has been published in the Official Journal of the EU and enters into force on 31 March 2026. 9 March 2026 - EBA: Banking Resolution-submission of the final draft regulatory technical standards (RTS) amending Commission Implementing Regulation (EU) 2016/1075 with respect to RTS specifying the content of resolution plans and group resolution plans, as well as the operational functioning of the resolution colleges. The European Banking Authority has forwarded these RTS to the European Commission. This overview presents the most...

In March 2018, Euronext acquired the Irish Stock Exchange plc, which then joined Euronext’s federal structure and now trades as Euronext Dublin, with Ireland recognised as one of Euronext’s six core countries. Euronext is the foremost pan-European marketplace in the Eurozone, operating across Belgium, France, Ireland, The Netherlands, Portugal and the UK. Its mission is to energise pan-European capital markets to fund the real economy, uniting buyers and sellers in venues that are transparent, efficient and dependable. What are the rules applicable to listing debt securities on Euronext Dublin? Euronext Dublin—EU Regulated Market The Central Bank of Ireland (CBI) is the competent authority responsible for reviewing and approving a prospectus (Prospectus) for the purposes of the Prospectus Regulation (EU) 2017/1129 (PR). The PR prescribes the relevant annex items to be included in a prospectus, depending on the issuer’s profile and the nature of the transaction. The European Union (Prospectus) Regulations 2019 (the Irish Regulations) took effect on 21 July 2019, replacing the prior Irish Prospectus (Directive 2003/71/EC)...

Checklist This Checklist presents a consolidated, structured timeline for the EU Markets in Crypto-Assets Regulation, Regulation (EU) 2023/1114 (MiCA Regulation), which took effect on 29 June 2023. It covers the staggered roll-out of the Level 1 regime (Phase 1) and the progression of Level 2 and 3 measures. The Checklist sets out the principal legislative milestones and commencement dates before and after the Phase 1 implementation of the MiCA Regulation, together with the continuing development of regulatory technical standards (RTS), implementing technical standards (ITS), guidelines, Q&As and other supervisory actions issued by the European Securities and Markets Authority (ESMA), the European Banking Authority (EBA) and other relevant authorities. For material centred on how EU authorities regulate cryptoassets, see Practice Note: EU regulation of cryptoassets. To explore the stance adopted by supranational bodies on the regulation of cryptoassets, see Practice Note: Supranational approach to the regulation of cryptoassets. 2026 2 March 2026 - European Banking Authority: EBA issues a No Action letter on the interaction between...

On 6 March 2025, the European Banking Authority (EBA) published a consultation paper setting out draft Regulatory Technical Standards (RTS). These draft RTS were issued following the European Commission’s (Commission) Call for Advice. They constitute a component of the European Union’s (EU) Anti-Money Laundering and Countering the Financing of Terrorism (AML/CTF) package, which was published in the Official Journal of the European Union on 19 June 2024...

UK developments FCA publishes new webpage on the sustainability disclosure and labelling regime The Financial Conduct Authority (FCA) has released a webpage outlining its latest actions to strengthen confidence and clarity around sustainable investment products and to limit greenwashing. The page explains how the rules apply to firms and features a table showing the implementation timetable. See: LNB News 02/02/2024 67. Source: Sustainability disclosure and labelling regime...

UK developments FCA publishes final greenwashing guidance and proposes extension of sustainability disclosure and labelling regime to portfolio managers With the anti‑greenwashing rule set to take effect on 31 May 2024, the Financial Conduct Authority (FCA) has issued its finalised guidance, FG24/3, for firms. The FCA has also put out consultation paper CP24/8, proposing to widen the sustainability disclosure requirements (SDR) and labelling regime to portfolio management, with responses requested by 14 June 2024. See: LNB News 23/04/2024 9. Sources: FCA confirms anti‑greenwashing guidance and proposes extending sustainability framework FG24/3: Finalised non‑handbook guidance on the Anti‑Greenwashing Rule CP24/8: Extending the Sustainability Disclosure Requirements (SDR) regime to Portfolio Management...

Background to the Single Supervisory Mechanism In the wake of the 2008 financial crisis, heightened concern spread across the EU about threats to the stability of the single currency and the integrated market for banking services. To tackle these issues, strengthen financial stability and aid economic recovery, the EU has been building a European Banking Union, anchored in a single regulatory rulebook for financial services, to advance the integration of banking supervision across the EU. At its core sits the Single Supervisory Mechanism (SSM), created by Council Regulation (EU) 1024/2013 and complemented by the SSM Framework Regulation, Regulation (EU) 468/2014. The SSM seeks to ensure that oversight of credit institutions is coherent and effective, and consistent with the functioning of the internal market for financial services and the free movement of capital. Application and scope The SSM Regulation covers credit institutions established in a eurozone Member State. In addition, a Member State not in the eurozone may request to be brought under SSM supervision by establishing close...

The European Central Bank (ECB) sits at the heart of the Eurosystem and the European System of Central Banks (ESCB). It replaced the European Monetary Institute on 1 June 1998 and, from 1 January 1999, took full charge of monetary policy decision-making for the euro zone. In 2014, it also took on comprehensive supervisory duties for banks in Member States participating in the Single Supervisory Mechanism. The ECB works alongside the European Supervisory authorities, in particular the European Banking Authority (EBA). The EBA’s principal role is to help develop the European Single Rulebook in banking, designed to deliver a single set of harmonised prudential rules for financial institutions across the EU. Background to the ECB The ECB was founded under Article 8 of the Treaty on the Functioning of the European Union as a specialised, independent organisation for conducting monetary policy. Together with the national central banks of Member States that have adopted the euro, it forms the Eurosystem, which serves as the monetary authority for the euro...

Scope of this Practice Note This Practice Note offers guidance on the European Supervisory Authorities (ESAs): European Securities and Markets Authority (ESMA) European Banking Authority (EBA) European Insurance and Occupational Pensions Authority (EIOPA) Among other matters, it explains their roles and general powers to prepare draft technical standards, and to issue opinions, guidance and recommendations to national supervisors within the EU. Together with the European Systemic Risk Board (ESRB) and the national competent authorities (NCAs) of EU Member States, the ESAs form the European System of Financial Supervision (ESFS). The ESAs collaborate with the ESRB to safeguard financial stability and to strengthen and enhance the EU supervisory framework, aiming to improve co-ordination among national supervisory bodies and to raise the quality of national supervision across the EU. The ESAs also issue guidance and recommendations which national supervisors and firms must make every effort to follow. Where the ESAs consider that a national competent authority (NCA) is failing...