EU RegCORE Client Alert | Banking Union, Capital Markets Union + Savings and Investment Union
QuickTake
On 30 September 2026, the European Banking Authority (EBA) published its Annual Work Programme 2027 (AWP).1 It organises its work around three cross-cutting drivers: (i) fostering resilience, (ii) improving efficiency and (iii) supporting transformation. Across seven activities, the programme identifies 251 deliverables, of which 131 are ongoing and 120 have deadlines or delivery targets. These are the EBA’s outputs, not 251 new obligations for firms operating in the EU.
Our Client Alert on the 2026 AWP2 examined simplification of the Single Rulebook, stronger risk-assessment capacity and technological innovation, alongside the expansion of the EBA’s operational responsibilities. The 2027 programme takes those themes forward, but its most consequential development is a more explicit shift from designing requirements in advance to assessing how they are implemented in practice.