1) CRR III: Delegated Regulation (EU) 2026/807 on RTS concerning real estate exposures published
On 7 July 2026, Delegated Regulation (EU) 2026/807 (the “Regulation”) was published in the Official Journal of the European Union. Through this Regulation, the regulatory technical standards (“RTS”) set out in Delegated Regulation (EU) 2023/206 are amended, updating references and terminology following the amendments made to Regulation (EU) No 575/2013 (“CRR”) by Regulation (EU) 2024/1623 (“CRR III”).
Among the main changes introduced by CRR III and reflected in the RTS are: (i) the amendment of Article 124 of the CRR, concerning exposures secured by mortgages on real estate under the standardized approach, with a clearer distinction between the different types of exposures; and (ii) the amendment of Article 164(4), concerning the treatment of retail exposures under the IRB approach, with the introduction of loss given default input floors for exposures secured by real estate.
The Regulation also updates provisions concerning expected losses and provides that designated authorities may rely on alternative data sources where regulatory sources are not sufficiently granular.
The Regulation will enter into force on 27 July 2026.
2) EBA: Guidelines on the authorization of third-country branches under CRD VI published
On 7 July 2026, the European Banking Authority (“EBA”) published the final Guidelines on the authorization of third-country branches (“TCBs”) of credit institutions pursuant to Directive (EU) 2024/1619 (“CRD VI”). through which the EBA provides European competent authorities with harmonized criteria for evaluating authorization requests.
In particular, the Guidelines regulate: (i) the information to be provided during the authorization process; (ii) the evaluation of the program of activities; (iii) governance arrangements; and (iv) the organizational and prudential requirements applicable to branches.
The initiative forms part of the new European regime applicable to TCBs introduced by CRD VI and aims to ensure a uniform approach to access to the European market by non-EU operators, promoting greater convergence of supervisory practices among Member States.
3) AMLA: consultation on ITS concerning SOS and transmission of transaction registers
On 2 July 2026, the Anti-Money Laundering Authority (“AMLA”) launched a public consultation on the draft Implementing Technical Standards concerning the formats to be used for suspicious transaction reporting and for the transmission of transaction registers to national Financial Intelligence Units (“FIUs”).
The AMLA initiative forms part of the framework of the new European anti-money laundering package and aims to introduce a harmonized format at European Union level for the communication of reports and information required by competent authorities, with the objective of improving data quality, facilitating cross-border cooperation and making the activities of FIUs more efficient.
The consultation will remain open until 20 September 2026.
4) EBA: updated Guidelines on Product Oversight and Governance concerning greenwashing risks
On 30 June 2026, the European Banking Authority (“EBA”) published the updated version of the Guidelines on Product Oversight and Governance (“Guidelines”) dedicated to retail banking products, through which the EBA clarifies the requirements applicable to products with ESG characteristics offered to consumers and expressly addresses greenwashing risks.
The amendments make ESG and greenwashing considerations more explicit throughout the entire product lifecycle, affecting: (i) manufacturers’ internal control functions; (ii) the identification of the target market; (iii) distribution channels; and (iv) information provided to distributors.
The Guidelines will apply from 11 January 2027.
5) EBA: new SREP Guidelines published
On 26 June 2026, the European Banking Authority (“EBA”) published the final version of the Guidelines (the “Guidelines”) on common procedures and methodologies for the Supervisory Review and Evaluation Process (“SREP”) and supervisory stress tests pursuant to Directive (EU) 2013/36, through which the EBA updates the prudential framework in line with Directive (EU) 2024/1619 (“CRD VI”), Regulation (EU) 2024/1623 (“CRR III”), Regulation (EU) 2022/2554 (“DORA”) and Basel standards.
Among the main changes introduced by the Guidelines are: (i) the integration of ESG risks and ICT/DORA risks into the SREP framework; (ii) the introduction of operational resilience; (iii) a new flexible escalation framework for supervisory measures; (iv) the treatment of transfer pricing models for market risk; (v) the regulation of the interaction between Pillar 1 and Pillar 2, including the output floor; and (vi) the inclusion of third-country branches within the scope of SREP.
The Guidelines will enter into force on 1 January 2027.
6) EBA: in consultation the KPIs for sustainability activity reporting
On 24 June 2026, the European Banking Authority (“EBA”) launched a public consultation on the key performance indicators (“KPIs”) provided for under Delegated Regulation (EU) 2021/2178, which governs disclosure obligations relating to sustainable economic activities pursuant to Regulation (EU) 2020/852 (the so-called Taxonomy Regulation).
The consultation aims to collect comments on potential measures to simplify and improve the usability of information disclosed by credit institutions and investment firms.
The discussion paper published by the EBA represents the first step in responding to the request for technical advice received from the European Commission in March 2026, together with the other European Supervisory Authorities (“ESAs”). The contribution of the ESAs will support the review of the delegated act relating to taxonomy disclosures and contribute to the broader simplification efforts launched under the Omnibus delegated act.
In particular, the document outlines proposals concerning the simplification of KPIs relating to fees and commissions, the trading book and off-balance sheet exposures for credit institutions, as well as KPIs relating to “other services” for investment firms.
The ESAs will submit their responses to the European Commission in October 2026.
The consultation will remain open until 12 August 2026.