EBA consults on amendments to prudential standards for central securities depositories

The European Banking Authority (EBA) has initiated a public consultation on draft amendments to the Regulatory Technical Standards (RTS) concerning prudential requirements for central securities depositories (CSDs) and designated credit institutions offering ‘banking-type ancillary services’.

The proposed amendments incorporate changes introduced by the Central Securities Depositories Regulation (CSDR) Refit, notably allowing banking CSDs to provide banking-type ancillary services to other CSDs. The consultation period ends on 3 March 2026.

The updates address scenarios where banking CSDs offer cash accounts directly to participants of other CSDs (designating CSDs) for settling cash payments in currencies other than the one where the CSD is established. The amendments focus on the limited impact of such arrangements on the risk profile of banking CSDs. The RTS are also being updated to reflect recent changes in the Capital Requirements Regulation and to align references with the amended CSDR text where relevant.

Responses can be submitted via the ‘send your comments’ button on the consultation page. Contributions will be published after the consultation closes unless confidentiality is requested. A public hearing will be held on 12 January 2026, from 14:00 to 15:00 CET. Registration closes on 9 January 2026, at 16:00 CET.

The EBA developed these draft RTS under Article 59(5) of CSDR, which mandates the authority to specify details for monitoring, measuring, managing, reporting, and disclosing credit and liquidity risks, including intra-day risks.

CSDs must be authorized to provide banking-type ancillary services, such as offering cash accounts, accepting deposits from participants, and providing payment services involving cash and foreign exchange transactions.