The European Banking Authority has opened a consultation on three draft Regulatory Technical Standards governing when investment firms with total assets above EUR 30 billion must obtain credit institution authorisation. Reflecting the 2024 amendments to the Capital Requirements Directive, the proposals revise the methodology for calculating total assets and associated reporting requirements, while introducing for the first time standards for supervisory waivers. They continue the EBA’s work toward a more proportionate and risk-based prudential framework for investment firms. The calculation methodology covers assets at solo and group level, while the reporting standards apply to investment firms whose total assets exceed EUR 5 billion. The waiver standards specify the factors competent authorities must consider when deciding whether a firm above the EUR 30 billion threshold may remain authorised as an investment firm rather than become a credit institution. Comments are due by 25 November 2026, with a virtual public hearing scheduled for 30 September 2026.
2026-08-25European Banking Authority
European Banking Authority consults on investment firm reclassification rules and EUR 30 billion threshold waivers
The European Banking Authority is consulting on technical standards for investment firms subject to reclassification as credit institutions when total assets exceed EUR 30 billion. The proposals address asset calculations, threshold reporting and the factors authorities must consider when granting waivers that allow firms to retain investment firm authorization.