October 2025 – On 24 October 2025, the
European Banking Authority ("EBA") published a
consultation paper on revised guidelines on common procedures and
methodologies for the supervisory review and evaluation process
("SREP") and supervisory stress testing (EBA/CP/2025/21).
The consultation period will last three months, until 26 January
2026. The revised SREP Guidelines are expected to apply from 1
January 2027.
New SREP Guidelines will integrate recent legislative
changes and address lessons learned
Since the issuance of the initial SREP Guidelines in 2014 and
its subsequent revisions in 2017 and 2021, the European regulatory
framework has significantly advanced. Mainly, the CRR III/CRD IV
banking package, the Digital Operational Resilience Act
("DORA"), several Environmental, Social and Governance
("ESG") requirements, and the provisions on interest rate
and credit spread risk in the banking book have further elevated
the regulatory landscape in the EU. With
