The European Banking Authority has launched a public consultation on draft amendments to its Guidelines on the appropriate subsets of sectoral exposures to which authorities may apply a systemic risk buffer. The revisions are intended to support a more effective use of the systemic risk buffer in addressing systemic risks stemming from climate change. The draft updated Guidelines add greater granularity for identifying exposures subject to climate-related physical and transition risks by enhancing sectoral and geographical classifications. They also reflect lessons from Member States’ implementation of existing systemic risk buffer measures, aiming to improve their design, monitoring and reciprocation. The amendments are developed under Article 133 of the Capital Requirements Directive (EU) 2024/1619 (CRD VI), as amended, which clarifies that the systemic risk buffer may be used to address risks arising from climate change. Comments are due by 30 April 2026. A virtual public hearing is scheduled for 9 April 2026 (15:00–16:00 CET), with registration requested by 1 April 2026 (16:00 CET).
European Banking Authority 2026-01-29
European Banking Authority launches consultation on systemic risk buffer guideline amendments to better capture climate-related systemic risks
The European Banking Authority has opened a public consultation on draft amendments to its Guidelines for applying a systemic risk buffer to sectoral exposures, focusing on climate change-related risks. The revisions aim to enhance sectoral and geographical classifications and improve the design, monitoring, and reciprocation of systemic risk buffer measures, with comments due by 30 April 2026.