Regnology Nexus Briefing | October 2026

01 Oct 2026: The Basel Committee on Banking Supervision (BCBS) announced several key outcomes from its latest meeting, including plans to advance supervisory and regulatory initiatives. The Committee approved revisions to the G-SIB assessment framework to reduce window-dressing behaviour and finalised a standard for machine-readable Pillar 3 disclosures. Looking ahead, the BCBS agreed to consult on additional Pillar 2 guidance for interest rate risk in the banking book (IRRBB) and expects to provide an update on its targeted review of the prudential standard for banks’ cryptoasset exposures by the end of the year.

30 Sep 2026:The European Banking Authority (EBA) published its work programme for 2027, outlining key strategic priorities and deliverables for the upcoming year. The programme is structured around three core drivers: improving efficiency, fostering resilience, and supporting transformation. Key areas of focus will include completing implementation of the 2024 banking package, preparing for the new payment services framework, and continuing work on DORA, MiCA, and EMIR, while advancing integrated reporting and data sharing.

28 Sep 2026: The European Insurance and Occupational Pensions Authority (EIOPA) published a follow-up note detailing its progress on simplification initiatives. The note highlights a reduction in reporting templates following the review of the Solvency II Directive and a review of 25 sets of guidelines. EIOPA confirmed its commitment to reducing administrative burdens through a more principles-based and outcome-oriented approach.

28 Sep 2026: The European Securities and Markets Authority (ESMA) published its annual work programme for 2027, shifting its focus from preparation to the delivery of several major initiatives under its 2023-2028 strategy. Key priorities include advancing its supervision of consolidated tape providers, EMIR 3, ESG rating providers, and critical third-party service providers under DORA. ESMA will also focus on implementing the European Single Access Point, supporting the transition to T+1 settlement, and continuing its four flagship simplification initiatives to reduce administrative burdens and enhance the usability of regulatory data. It will also work alongside NCAs in supervising crypto-asset service providers (CASPs) under MiCA.

25 Sep 2026: EBA launched a public consultation on draft amending Implementing Technical Standards (ITS) regarding joint decisions on institution-specific prudential requirements. The proposed amendments aim to simplify and streamline the process for joint decisions on capital and liquidity requirements, as laid down in the Capital Requirements Directive (CRD). The consultation runs until 24 December 2026.

24 Sep 2026: EBA published its response to the European Commission’s targeted consultation on the review of the Markets in Crypto-assets (MiCA) regulation. The EBA recommended prioritizing several key issues, including strengthening the framework for multi-issuer stablecoin schemes from third countries and clarifying the scope of MiCA to ensure consistent classification of crypto-assets. The authority also encouraged the Commission to consider regulating crypto-asset lending activities, including those linked to decentralized finance (DeFi), to mitigate risks to consumers.

18 Sep 2026: EBA published its final Guidelines on the management of third-party risk, aligned with the Digital Operational Resilience Act (DORA). The guidelines take a holistic approach, covering the lifecycle of third-party arrangements, including risk assessment, due diligence, subcontracting, and exit strategies. The framework focuses on arrangements that support critical or important functions to reduce the burden of less material outsourcing while maintaining sound risk management.

17 Sep 2026: The Single Resolution Board (SRB) published its operational guidance for banks on communication in resolution, which is fully aligned with the EBA’s Guidance on Resolvability. The guidance provides additional operational clarity on the communication dimension of the SRB’s Expectations for Banks (EfB) but does not set new requirements. Banks have until April 2028 to reflect these considerations in their communication plans.

11 Sep 2026: The European Commission published Delegated Regulation (EU) 2026/1221 amending the Capital Requirements Regulation (CRR). The regulation introduces transitional arrangements for the output floor and market risk (FRTB) requirements. The measures, which apply from 1 January 2027 to 31 December 2029, are intended to maintain a level playing field for EU institutions while major global jurisdictions continue their own implementations.

09 Sep 2026: ESMA launched a public consultation on a package of materials under the Prospectus Regulation to reflect changes introduced by the Listing Act. The package includes proposed updates to the guidelines on disclosure requirements and to the Q&As on the Prospectus Regulation. The measures aim to promote supervisory convergence and contribute to ESMA’s simplification efforts.

07 Oct 2026: The Reserve Bank of India (RBI) released the final Directions on its Credit Valuation Adjustment (CVA) Framework for commercial banks. Following a consultation in August 2026, the final framework modifies the instructions on calculating the capital charge for CVA risk. Key revisions include allowing a simpler approach for eligible banks and clarifying the recognition of CVA hedges. The new directions will come into effect on 1 April 2027.

07 Oct 2026: RBI released the final Amendment Directions on the Standardised Approach for Counterparty Credit Risk (SA-CCR). The updated framework, which follows a consultation in Jun-Jul 2026, modifies the instructions for calculating the capital charge for counterparty credit risk. Key changes include clarifying the scope of banking and trading book exposures, addressing the treatment of multiple margin agreements, and providing guidance on transactions in which banks act as clearing members. The new instructions come into effect on 1 April 2027.

01 Oct 2026: RBI issued a revision to the master direction on interest rate for commercial banks, setting out a comprehensive framework for deposits. The framework addresses interest rate regulations across multiple deposit categories, including provisions for additional interest payments, interest on overdue deposits, floating rate deposits, and penalties for premature withdrawals. Non-Resident Rupee Deposits - Establishes interest rate guidelines for non-resident external (NRE) deposits, with specific rules on lien marking and penalties for premature withdrawal. The directions establish prohibitions and exemptions governing deposit interest practices and provide detailed definitions of key terms, including bulk deposits, demand deposits, daily products, and various account types, to ensure uniform implementation across the banking sector.

01 Oct 2026: RBI issued a revision to the master direction on income recognition, asset classification, and provisioning for commercial banks. Key provisions include: Assets are categorized by performance status into standard, substandard, doubtful, and loss assets. Non-performing assets (NPAs) are those that have ceased generating income for the bank. RBI issued prudential directions for commercial banks regarding income recognition, asset classification, and provisioning of advances, effective immediately.

01 Oct 2026: RBI master direction on the resolution of stressed assets for commercial banks applies to commercial banks and outlines mandatory procedures and prudential norms for managing non-performing assets. Comprehensive directions establishing a framework for the early recognition, reporting, and time-bound resolution of stressed assets in the banking system.

01 Oct 2026: RBI issued a revision to the master direction on credit risk management for commercial banks to strengthen credit risk management practices. The framework recognizes that credit risk, if not managed effectively, can have significant ramifications across multiple risk categories and the broader financial system due to interconnectedness among financial institutions.

30 Sep 2026: The Monetary Authority of Singapore (MAS) launched a public consultation on targeted updates to corporate governance regulations for banks, insurers, and designated financial holding companies. The proposed changes aim to enhance governance standards by addressing director independence, board and committee composition, and the appointment of key personnel. The consultation is open for comment until 09 December 2026.

28 Sep 2026: The Australian Prudential Regulation Authority (APRA) has updated its reporting practice guide, RPG 701.0, to improve accessibility and consolidate regulatory guidance into a single resource. The revision incorporates consolidated FAQs, updates central borrowing authority reporting, and introduces a new framework for set-off accounts.

24 Sep 2026: The Bank of Thailand (BOT) issued guidance on regulatory data transformation classification for banks. The document maintains a comprehensive record of updates to various classification codes and data elements used in regulatory reporting.

24 Sep 2026: APRA has outlined its "Getting the balance right" initiative to reduce regulatory burdens while maintaining strong financial stability and high safety standards. The strategy employs a proportional framework across the banking and insurance sectors, streamlines cross-industry data, and targets a net-neutral regulatory impact by the 2026-27 Corporate Plan.

23 Sep 2026: This circular from the Bangko Sentral ng Pilipinas (BSP) reflects the regulator's ongoing efforts to adapt its framework to advances in financial technology. It specifically addresses the growing trend of traditional institutions, such as thrift, rural, and cooperative banks, adopting digital-first business models that blur the lines between them and fully licensed digital banks. By imposing stricter prudential requirements on these entities, particularly concerning capital adequacy and risk management systems, the BSP aims to create a more level playing field and mitigate the systemic risks associated with rapid, technology-driven growth in the financial sector. This initiative is part of the BSP's broader strategy to foster responsible innovation while ensuring the stability and integrity of the Philippine banking system.

22 Sep 2026: The Hong Kong Monetary Authority (HKMA) released a new Supervisory Policy Manual (SPM) module, GS-2, on transition planning for authorized institutions. The guidance sets the regulator's expectation for authorized institutions to manage risks and opportunities associated with the transition to a net-zero economy. The circular requires institutions to have their transition planning documentation in place by 1 July 2030 and be ready to demonstrate progress within 24 months.

21 Sep 2026: RBI (Commercial Banks – Minimum Capital Requirements for Market Risk) Directions, 2026, establish a comprehensive framework for calculating market risk capital requirements for Indian commercial banks. The Directions define the boundary between the banking book and trading book, introduce a simplified standardized approach (SSA) for calculating market risk capital, and set out detailed requirements for interest rate, equity, foreign exchange, and options risk. The framework also provides guidance on the treatment of internal risk transfers, securitization exposures, and structural foreign exchange positions, while enhancing disclosure requirements under Basel III. Effective from 1 April 2027, the Directions replace the existing market risk capital charge provisions and serve as the primary reference for market risk capital calculation and reporting by commercial banks.

07 Sep 2026: HKMA launched a public consultation on the Phase 2B prototype of its Hong Kong Taxonomy for Sustainable Finance. This phase broadens the framework by adding 10 new economic activities, bringing the total to 39, and introduces transition pathways for hard-to-abate sectors like air transport and steel. It also enhances the methodology for climate change adaptation, focusing initially on shoreline protection and flood management. The consultation aims to scale up capital flows for green and transition finance while reinforcing Hong Kong's position as a sustainable finance hub.

04 Sep 2026: MAS issued a revised Notice 656 on exposures to single-counterparty groups for locally incorporated banks. The update refines the rules for measuring and limiting large exposures to ensure banks avoid excessive risk concentration. The amendments, which will take effect in September 2027, cover the basis for computation, eligible credit risk mitigation techniques, and the approach for aggregating exposures.

04 Sep 2026: MAS published an amended Notice 643 governing banks' transactions with their related parties. The revised notice enhances the framework for identifying, monitoring, and controlling such transactions to mitigate risks arising from conflicts of interest. The changes aim to strengthen governance and ensure that all related party transactions are conducted on an arm’s length basis, with the new rules becoming effective in September 2027.

04 Sep 2026: MAS released a revised Notice 643A concerning the reporting of exposures and credit facilities to related concerns. This amendment updates the quarterly reporting statements that all banks in Singapore are required to prepare. It provides greater clarity on the scope and details of information to be submitted. The new requirements will take effect in September 2027.

02 Sep 2026: APRA and ASIC have launched a joint consultation to streamline reporting requirements under the Financial Accountability Regime, aiming to reduce the regulatory burden for financial entities. The proposed changes, projected to take effect in early 2027, are expected to reduce administrative filings and cut accountability map updates by 50 percent. The proposals include removing key functions requirements from the FAR regulator rules and no longer requiring information on accountable persons’ direct reports in accountability maps.