Key developments from 22 December 2025 – 9 January 2026:

• Statement by the Eurogroup President on the nominations for the post of ECB Vice-President
• EBA: publication of final draft technical standards on booking arrangements
• EBA: Report on prudential consolidation and final Guidelines on ancillary services undertakings
• ESMA: Principles for Risk-based Supervision: a Critical Pillar for ESMA’s Simplification and Burden Reduction Efforts

• EBA: publication of final draft technical standards to strengthen supervisory cooperation for third-country branches
• Commission Delegated Regulation (EU) 2026/73 of 4 July 2025 amending Delegated Regulation (EU) 2021/2178 as regards the simplification of the content and presentation of information to be disclosed concerning environmentally sustainable activities and Delegated Regulations (EU) 2021/2139 and (EU) 2023/2486 as regards simplification of certain technical screening criteria for determining whether economic activities cause no significant harm to environmental objectives (OJ L, 2026/73, 8.1.2026)
• ESAs: Joint Guidelines on ESG stress testing

• ESRB: Advice to EIOPA on the Guidelines on supervisory powers to remedy liquidity vulnerabilities (Article 144b(8) Solvency II)

• ESMA: Report on Cross-border Marking of Funds Including Statistics on Notifications

• ESAs’ Board of Appeal: rules on reimbursement of costs in an appeal brought by NOVIS Insurance Company against the EIOPA
• ESMA: Launch of Selection of Consolidated Tape Provider for OTC Derivatives

• International Association of Insurance Supervisors (IAIS): New Committees now operational: Monitoring and Risk Assessment Committee (MRC); Standards and Supervisory Practices Committee (SSC); and Implementation Assessment Committee (IAC)

• Bulgaria introduces the euro
• International Journal of Central Banking (IJCB), January Issue

• Commission Implementing Regulation (EU) 2025/2179 of 12 September 2025 laying down implementing technical standards for the application of Regulation (EU) 2023/2631 of the European Parliament and of the Council with regard to the standard forms, templates, and procedures for the provision of the information for an application for registration as an external reviewer for European Green Bonds (OJ L, 2025/2179, 30.12.2025)

• Opinion of the ECB of 18 November 2025 on a proposal for a fiscal simplification package containing targeted changes to certain Union economic governance rules (CON/2025/37) (OJ C, C/2025/6772, 23.12.2025)
• ESMA: publication latest Spotlight on Markets Newsletter Featuring Updates on Market Integration and Transparency

• EBA: strengthening of cross border supervisory cooperation with third countries through its updated equivalence Guidelines
• ESMA: publication of 2024 Data on Cross-border Investment Activity of Firms