The European Banking Authority (EBA) has launched a public consultation on draft amendments to prudential standards for central securities depositories and related credit institutions, open until March 3, 2026.
The European Banking Authority (EBA) has initiated a public consultation on draft amendments to the Regulatory Technical Standards (RTS) concerning prudential requirements for central securities depositories (CSDs) and designated credit institutions offering banking-type ancillary services.
The proposed amendments incorporate changes from the Central Securities Depositories Regulation (CSDR) Refit, including allowing banking CSDs to provide banking-type ancillary services to other CSDs. The consultation period runs until 3 March 2026.
The amendments address scenarios where banking CSDs offer cash accounts directly to participants of other CSDs (designating CSDs) for settling cash payments in currencies other than the CSD’s home currency. The focus is on the limited impact of this arrangement on the risk profile of banking CSDs. The RTS will also be updated to reflect recent changes in the Capital Requirements Regulation and to align references with the amended CSDR text where relevant.
Responses can be submitted via the consultation page by clicking the “send your comments” button. All contributions will be published after the consultation closes unless confidentiality is requested. The public hearing will take place on 12 January 2026 from 14:00 to 15:00 CET9 January 2026 at 16:00 CET
The EBA developed these draft RTS under Article 59(5) of CSDR, which mandates the Authority to specify details for monitoring, measuring, managing, reporting, and disclosing credit and liquidity risks, including intra-day risks.
CSDs need authorization to provide banking-type ancillary services, such as offering cash accounts, accepting deposits, and providing payment services involving cash and foreign exchange transactions.
