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ARTICLE · 01 DECEMBER 2025

Work Programme 2026 – A Focus On Financial Services Issues

On 21 October 2025, the European Commission (the EC) published its 2026 Annual Work Programme (AWP) including annexes detailing legislative updates as well as a separate...

GermanyFinance and Banking

QuickTake

On 21 October 2025, the European Commission (the EC) published its 2026 Annual Work Programme (AWP) including annexes detailing legislative updates as well as a separate 'strategic communication' on "Europe's Independence Moment".1 The EC's AWP continues to prioritise digital operational resilience, consumer protection and financial innovation alongside sustainable finance, risk assessment, securitisation, financial conglomerates, innovation facilitation and external credit assessment institutions. While ongoing geopolitical tensions and the EU's simplification plans shape the 2026 agenda, the AWP intensifies efforts on supervisory convergence and driving regulatory consistency across the financial sector, focusing on completing the Savings and Investment Union (SIU) and advancing the digital finance and payments agenda.

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