​The European Banking Authority (EBA) today launched a public consultation on draft amendments to its Guidelines on the appropriate subsets of sectoral exposures to which competent or designated authorities may apply a systemic risk buffer (EBA/GL/2020/13). The revised Guidelines aim to facilitate a more effective use of the systemic risk buffer to address systemic risks stemming from climate change. 

​More specifically, the draft revised Guidelines introduce greater granularity in identifying exposures subject to physical and transition risks related to climate change, through enhanced sectoral and geographical classifications. The amendments also incorporate lessons learned from the implementation of existing systemic risk buffer measures across Member States, with the objective of improving their design, monitoring and reciprocation.

​Consultation process

​Comments to the consultation paper can be sent by clicking on the "send your comments" button on the EBA's consultation page. The deadline for the submission of comments is 30 April 2026.

​The EBA will hold a virtual public hearing on 9 April 2026 from 15:00 to 16:00 CET. The EBA invites interested stakeholders to register using this link by 1 April 2026 (16:00 CET). The dial-in details will be communicated to those who have registered for the meeting.

​All comments received will be published following the end of the public consultation, unless requested otherwise.​

Legal basis 

These draft revised Guidelines have been developed on the basis of Article 133 of the Capital Requirements Directive (EU) 2024/1619 (CRD VI), as amended, which clarifies that the systemic risk buffer may be used to address risks arising from climate change.  

Documents

Consultation paper on amending Guidelines on appropriate subsets of sectoral exposures for the application of the Systemic Risk Buffer (SyRB)

(430.42 KB - PDF)