The European Banking Authority published a public consultation on draft amendments to the Regulatory Technical Standards on certain prudential requirements for central securities depositories (CSDs) and designated credit institutions providing banking-type ancillary services. The proposals reflect changes introduced by the Central Securities Depositories Regulation Refit, including the ability for banking CSDs to provide banking-type ancillary services to other CSDs, with comments due by 3 March 2026. The draft changes address scenarios where a banking CSD offers cash accounts directly to participants of another CSD (the designating CSD) to settle cash payments in currencies other than the currency of the country where the designating CSD is established, and they focus on the limited impact of this arrangement on the banking CSD’s risk profile. The EBA also proposes updates to reflect recent changes in the Capital Requirements Regulation and to align references with the amended CSDR text where relevant. A public hearing is scheduled for 12 January 2026 (14:00 to 15:00 CET), with registration closing on 9 January 2026 (16:00 CET). Contributions will be published after the consultation closes unless confidentiality is requested.
European Banking Authority 2025-12-03
European Banking Authority launches consultation on prudential RTS amendments for central securities depositories reflecting the CSDR Refit
The European Banking Authority has launched a public consultation on draft amendments to the Regulatory Technical Standards for prudential requirements for central securities depositories (CSDs) and designated credit institutions. The proposals, reflecting the Central Securities Depositories Regulation Refit, allow banking CSDs to offer banking-type ancillary services to other CSDs and address scenarios involving cross-currency cash accounts. Updates also align with recent changes in the Capital Requirements Regulation and the amended CSDR text.