The EBA publishes Final Report on draft amendments to technical standards on prudential requirements for central securities depositories
AI Analysis
On 12 October 2026, the EBA submitted a Final Report containing draft amendments to the RTS on prudential requirements for CSDs and designated credit institutions providing banking-type ancillary services. The amendments principally operationalise the CSDR Refit permission for banking CSDs to provide cash, payment and foreign-exchange services to other CSDs, while addressing the resulting interconnectedness, supervisory notifications and updated CRR references; the draft is not itself yet a binding EU rule.
Key dates
- 2025-12-03
- The EBA launched its consultation on the draft amendments to the CSD prudential RTS.
- 2026-03-03 Deadline
- The EBA consultation closed.
- 2026-10-12
- The EBA published the Final Report and submitted draft amendments to the European Commission.
Suggested considerations
- Banking CSDs and designated credit institutions should map existing and planned cash, deposit, payment and foreign-exchange services against the CSDR Refit permissions and the draft RTS risk-management and notification framework.
- CSDs should assess whether providing or receiving these services creates additional intraday credit, liquidity, settlement, counterparty or concentration exposures, including exposures arising through foreign-currency settlement and increased inter-CSD interconnectedness.
- Compliance and regulatory-policy teams should compare current prudential policies, risk limits, management information, reporting and public-disclosure processes with the draft RTS once the EBA draft text has been reviewed in detail.
- Firms should monitor the European Commission's endorsement, any amendments made during adoption, publication in the Official Journal and the eventual application date before treating the draft requirements as binding.
- CSDs and designated credit institutions may wish to engage with their competent authorities early on the expected supervisory notifications, information flows and governance for arrangements involving participants of another CSD.
- Regulatory inventories and internal legal references should be updated for the amended CSDR terminology and relevant CRR changes after the final delegated act is adopted.
What changed
The draft RTS update the prudential framework under Article 59(5) of Regulation (EU) No 909/2014 (CSDR) for monitoring, measuring, managing, reporting and publicly disclosing credit and liquidity risks, including intraday risks. They address arrangements under which a banking CSD provides banking-type ancillary services to another, or designating, CSD, including cash accounts, deposits and payment services involving cash and foreign-exchange transactions, with particular attention to the effect on the banking CSD's risk profile and to notifications required by supervisors. The amendments also update references and provisions to reflect the CSDR Refit text and recent changes to the Capital Requirements Regulation; the EBA describes the approach as pragmatic and does not announce a new quant
Compliance impact
The immediate impact is medium because the publication is a draft RTS report rather than an immediately applicable obligation, but it signals a material prudential and supervisory focus for banking CSDs that serve other CSDs. The regulator is specifically seeking to prevent increased inter-CSD interconnectedness from raising systemic risk, with consequences for intraday liquidity and credit-risk c
Who is affected
Related regulations
References
AI-generated analysis. May contain errors or omissions — verify with the original EBA source before acting. Full disclaimer.
What the EBA said
The European Banking Authority (EBA) today published a report proposing draft amendments to the Regulatory Technical Standards (RTS) on certain prudential requirements for central securities depositories (CSDs) and designated credit institutions offering ‘banking-type ancillary services’. This mostly responds to…
Extract from EBA . Read the full notice at the source for the authoritative text.