EBI Regulatory Report #238

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

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


Key developments from 1 – 5 December:

5 December
  • Basel Committee on Banking Supervision (BCBS): consultation on standard format for machine-readable disclosures
  • ECB/SSM: conclusion of asset quality review of Raiffeisen-Holding Niederösterreich-Wien
  • EBA: consultation on draft technical standards on prudentially material transactions under the CRD IV
  • EBA: follow-up Peer Review on authorisation of payment institutions and electronic money institutions
  • European Court of Auditors: Special report 24/2025: Financial instruments in Cohesion policy – A revolving use of funds materialised partially (OJ C, C/2025/6550, 5.12.2025)
  • EIOPA: consultations on revised guidelines on group solvency calculations and on reporting
4 December
  • Commission: launch of major package to fully integrate EU financial markets
  • ESMA welcomes Commission’s Ambitious Proposal on Market Integration
  • EBA: Strong capital and profitability in EU/EEA banks in a context of increased geopolitical uncertainty and operational threats
  • European Systemic Risk Board (ESRB): Advisory Scientific Committee’s Report on artificial intelligence and systemic risk
3 December
  • BCBS: the United Kingdom id found largely compliant with its Net Stable Funding Ratio standard and its large exposures framework
  • EBA: consultation on amendments to technical standards on prudential requirements for central securities depositories
  • ESRB: Hearing and speech of its Chair, Christine Lagarde, at the Committee on Economic and Monetary Affairs of the European Parliament
  • ESRB: Recommendation of 4 November 2025 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (ESRB/2025/10) (OJ C, C/2025/6445, 3.12.2025)
  • EIOPA: proposal for natural catastrophe risk scores for buildings to encourage proactive risk prevention by home and business owners
2 December
  • ESM and EFSF: waiver of Greece’s repayment obligation, enabling third early repayment of GLF loans
  • OECD: Global economy proves resilient but remains fragile
  • ESMA: launch of Common Supervisory Action on MiFID II Conflicts of Interest Requirements
  • International Association of Insurance Supervisors (IAIS): Global Insurance Market Report 2025 – highlights growth of investments in private credit, geoeconomic fragmentation and AI adoption as key supervisory priorities
1 December
  • BIS Newsletter: Fiscal threats, tech-savvy supervisors and tokenisation
  • IADI: announcement of 2026 work priorities
  • SRB: publication of the list of consultations and requests to the industry for 2026


All previous reports are kept in four (4) archives. These can be found here.