EBI Regulatory Report #239
- Date December 15, 2025

EBI Report
on
Economic Policy and Financial Regulation Measures:
International, EU and Euro Area Levels
(12 December 2025)
Professor Dr. Christos V. Gortsos and Daphne Farmaki
(Law School, National and Kapodistrian University of Athens)
Key developments from 8 – 12 December:
12 December
- Basel Committee on Banking Supervision (BCBS) and International Organization of Securities Commissions (IOSCO): Report reviewing the implementation of margin requirements for non-centrally cleared derivatives
- EBA: Final draft technical standards on structural foreign exchange
- EBA: Revised list of ITS validation rules and new website location
- SRB statement: Judgment of the Court on SRB’s power to adopt non-resolution decisions
11 December
- ECB/Eurosystem: Governing Council proposes simplification of EU banking rules
- Eurogroup: Statement on the draft budgetary plans for 2026
- Council signs off simplification of InvestEU programme to boost EU competitiveness
- BIS Innovation Hub: Project Leap phase 2: quantum-proofing payment systems
- BIS Innovation Hub: Project Rialto: improving instant cross-border payments using central bank money settlement (technical report)
10 December
- BCBS: publication of principles for the sound management of third-party risk in the banking sector
- Commission Implementing Regulation (EU) 2025/2303 of 14 November 2025 laying down implementing technical standards with regard to procedures, standard forms and templates for the provision of information for the purposes of resolution plans for credit institutions and investment firms pursuant to the BRRD and repealing Commission Implementing Regulation (EU) 2018/1624 (OJ L, 2025/2303, 10.12.2025)
- EBA: Final draft amending technical standards on factors assessing the appropriateness of real estate risk weights
- ESMA: Announcement of Supervisory Expectations for the Management Body in the Form of 12 High Level Principles
- Commission: Questions and answers on NextGenerationEU Green Bonds Annual Allocation and Impact Report
- Commission: Promoting sustainable growth with simpler and smarter environmental legislation
- Commission: EU becomes major Green Bond issuer
- Commission: EU agrees on a 2040 Climate target that sets a clear path towards a decarbonised and competitive economy
9 December
- Commission Implementing Regulation (EU) 2025/2475 of 8 December 2025 amending the implementing technical standards laid down in Implementing Regulation (EU) 2024/3117 as regards operational risk supervisory reporting of institutions (OJ L, 2025/2475, 9.12.2025)
- EIOPA: Update of reference portfolios used to calculate the volatility adjustment to the Solvency II risk-free rate term structures
- EIOPA: Launch of a new set of consultation papers in relation to the implementation of EU’s insurance recovery and resolution framework
8 December - OECD: Food inflation slows in more than half of its countries in October 2025
- BIS: OTC derivatives statistics at end-June 2025
All previous reports are kept in four (4) archives. These can be found here.
