Governance & Regulation

The EBA/CP/2025/21 consultation paper provides significant impetus for the further development of the banking supervisory framework and defines clear expectations for institutions of all sizes. It aims to achieve greater proportionality, more streamlined procedures and closer integration of key elements of the SREP. At the same time, an effective, cause-orientated assessment is moving more into focus. This requires financial institutions to take action. This article provides an initial orientation on the key content and the regulatory thrust.

Impairment tests (PAAR) were a key focus of BaFin’s audits in 2025 and will continue to shape audit practice in 2026. In this article, we provide a concise overview of the regulatory context, the procedure model for a PAAR audit, and our experiences and observations from supporting institutions before and during the audit.

The government draft bill for the implementation of the Consumer Credit Directive (EU) 2023/2225 has been available since 3 September 2025. The scope of the previous general consumer loan law is being expanded to include, among other things, the regulation of „buy now, pay later“ schemes.

The Open Risk and Reporting Platform (msg.ORRP) offers integrated data management that ensures a consistent and transparent database for risk management and regulatory reporting. This article explains the key aspects of data management and shows how these functions ensure data quality and effectively support users in their daily work.