EBI Regulatory Report #229

EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(4 October 2025)

Professor Dr. Christos V. Gortsos and Daphne Farmaki
(Law School, National and Kapodistrian University of Athens)

All previous entries have been put in 4 archives, which can be retrieved here.

 

Key developments from 26 September – 3 October:

3 October
  • Basel Committee: report on further progress on Basel III implementation
  • ESMA 2026 Work Programme – Advancing On More Integrated, Accessible and Competitive Financial Markets in the EU
  • Commission Delegated Regulation (EU) 2025/1264 of 27 June 2025 supplementing MiCAR with regard to RTSs specifying the minimum contents of the liquidity management policy and procedures for certain issuers of asset-referenced tokens and e-money tokens (OJ L, 2025/1264, 3.10.2025)
2 October
  • ECB selects digital euro service providers
  • European Commission: proposals for targeted changes that will reduce administrative burden and ensure consistency across the revised Economic Governance Framework
  • Basel Committee: approval of annual G-SIB assessment, enhances the clarity of its grading system for jurisdictional assessments and taking note of the implementation of margin requirements for non-centrally cleared derivatives
  • European Systemic Risk Board (ESRB): Outcomes of the 59th General Board meeting – 25 September 2025
1 October
  • Financial Stability Board: What’s Past is Prologue: Building Resilience in Nonbank Financial Intermediation
  • EBA: 2026 Work Programme and action for a more efficient regulatory and supervisory framework in the EU
30 September
  • ECB Decision (EU) 2025/1970 of 23 September 2025 amending Decision (EU) 2022/911 concerning the terms and conditions of TARGET-ECB (ECB/2022/22) (ECB/2025/32) (OJ L, 2025/1970, 30.9.2025)
  • European Commission: EU to boost financial literacy and investment opportunities for citizens
  • ESM and University of Luxembourg launch joint Artificial Intelligence research on bond issuance and market intelligence
  • International Association of Insurance Supervisors (IAIS): Newsletter September, Issue 145
29 September
  • ECB and the Swiss National Bank (SNB) explore link between payments systems
  • ECB: Remaining barriers to integration in securities post-trade services – issues and recommendations
  • EBA: launch of 2025 EU-wide transparency exercise