EU & UK Reg Roundup: 2/13/2026
Europe
European Banking Authority
The EBA updates technical standards to streamline resolution planning and strengthen cooperation in resolution colleges
23 January 2026
The European Banking Authority (EBA) published updated final draft Regulatory Technical Standards (RTS) on resolution planning and the operational functioning of resolution colleges to simplify and refocus resolution planning outputs while enhancing cooperation among relevant authorities in cross-border resolution cases. Key revisions include
- a more consistent and concise set of core information for resolution plans
- a tailored approach to plan content based on institution specifics;
- a clearer separation between strategy selection and resolvability assessment;
- and a reorganised resolvability assessment across seven core dimensions.
The EBA publishes updated risk assessment indicators
28 January 2026
The EBA published an updated set of risk assessment indicators and a revised methodological guide to support consistent risk analysis and interpretation of key banking sector metrics. While not introducing new reporting requirements, the update clarifies how indicators are calculated and expands the scope of indicators to better reflect the current regulatory environment, including measures relevant to profitability, solvency and operational risk, as well as crypto asset markets and investment firms.
The EBA Pillar 3 data hub goes live
28 January 2026
The EBA announced that its Pillar 3 data hub is now live, providing the first single, harmonised digital platform for accessing prudential disclosures for all European Economic Area (EEA) institutions. The hub allows users to view official data submitted by institutions, including through intuitive visualisation tools and bulk data downloads, significantly enhancing transparency, comparability and usability of institution-level prudential information across the EU. The EBA expects the full dataset covering the first three 2025 reference dates (June, September, December) to be available by June 2026, with the platform supporting the transition from institution-specific disclosures to centralised reporting as envisaged under CRR3/CRD6.
The EBA launches consultation on simplifying the credit risk framework
9 February 2026
The EBA launched a public consultation on a Discussion Paper aimed at exploring ways to simplify and enhance the efficiency of the EU’s credit risk framework. The paper proposes high-level ideas to improve the structure, usability and coherence of the credit risk framework — including potential policy simplifications, consolidation of existing regulatory outputs, and alignment of key definitions — while preserving risk-sensitivity and comparability. The consultation runs until 10 May 2026.
European Securities and Markets Authority
ESMA signs Memorandum of Understanding with the Reserve Bank of India to enable cooperation on central counterparties
27 January 2026
The European Securities and Markets Authority (ESMA) and the Reserve Bank of India (RBI) signed a Memorandum of Understanding (MoU) to strengthen cross-border regulatory cooperation and exchange information on central counterparties (CCPs) established in India and supervised by the RBI. The MoU replaces an earlier 2017 cooperation arrangement and is a key step toward restoring EU-level recognition under the European Market Infrastructure Regulation (EMIR) for eligible Indian CCPs, including the Clearing Corporation of India Ltd (CCIL), facilitating smoother access for EU clearing members. Under the agreement, ESMA will rely on RBI’s supervisory activities for covered CCPs while safeguarding EU financial stability, and both authorities will maintain ongoing cooperation to support recognition processes and regulatory alignment.
BaFin
BaFin publishes Risiken im Fokus 2026
28 January 2026
BaFin published its annual risk outlook, setting out key supervisory focus areas for 2026. While noting that German banks and insurers remain broadly resilient, BaFin identified heightened risks requiring closer monitoring, including:
- Credit risk pressures amid economic uncertainty
- Market valuation and interest rate risks
- Geopolitical and macroeconomic shocks
- Cyber and ICT vulnerabilities
- Structural risks from digitalisation and financial innovation
- Newly highlighted consumer-related risks, including exposure to speculative assets and rising household indebtedness
The report outlines where supervisory scrutiny is expected to intensify in 2026.
UK
Bank of England / Prudential Regulation Authority
Bank Resolution Standards Instrument: The Technical Standards (COREP13) Instrument 2026
12 February 2026
The Bank of England published its final Resolution Standards Instrument implementing the partial revocation of the UK Technical Standards (UKTS) on resolution reporting (COREP13) following consultation. The policy deletes six COREP13 reporting templates (Z 02.00, Z 03.00, Z 04.00, Z 05.01, Z 05.02 and Z 06.00), reducing resolution reporting burden while ensuring the Bank retains necessary information to fulfil its resolution authority duties. The changes apply from 1 April 2026, with firms asked to use negative filing indicators temporarily where deleted templates remain in RegData.
PS2/26 – Retiring the refined methodology to Pillar 2A – final
20 January 2026
The Prudential Regulation Authority (PRA) published its final policy statement (PS2/26) confirming the retirement of the “refined methodology” within the Pillar 2A capital framework. Under the policy, the refined methodology will cease to apply from 1 January 2027, aligned with the implementation of Basel 3.1 capital standards. The policy is relevant to all PRA-regulated banks, building societies and investment firms and forms part of a broader package of capital framework reforms published alongside Basel 3.1 implementation and related instruments.
PS1/26 – Implementation of Basel 3.1: Final rules
20 January 2026
The PRA published its final policy statement (PS1/26) setting out the Rulebook instruments, supervisory statements and other policy materials needed to implement the Basel 3.1 banking standards in the UK. The package includes prudential requirements across credit, market and operational risks, as well as updated reporting templates and instructions, and will form the foundation of the new capital regime effective 1 January 2027 for PRA-authorised banks, building societies and investment firms.
PS3/26 – Restatement of CRR requirements – final
20 January 2026
The PRA published final policy on the restatement of Capital Requirements Regulation (CRR) provisions into the PRA Rulebook ahead of the UK’s post-Brexit prudential regime implementation in 2027. The restatement preserves existing CRR requirements (including securitisation and other prudential standards) within the domestic framework following the UK’s withdrawal from the EU, ensuring continuity and clarity of the UK prudential regime.
PS4/26 – The Strong and Simple Framework – final
20 January 2026
The PRA published its final policy statement on the Strong and Simple Framework, establishing a tailored capital and liquidity regime for Small Domestic Deposit Takers (SDDTs). The framework simplifies prudential requirements, reporting and supervisory expectations for eligible small UK deposit-taking firms while maintaining resilience and safety and aligning implementation with the Basel 3.1 standards coming into force in January 2027.
PRA Regulatory Digest – January 2026
2 February 2026
The PRA published its Regulatory Digest for January 2026, consolidating recent policy developments including the final Basel 3.1 implementation package, the retirement of the refined Pillar 2A methodology, the CRR restatement policy and the Strong and Simple Framework. The digest offers firms a high-level summary of key PRA publications and supervisory priorities emerging early in 2026.