meta_id 3111030

On April 29, 2026, the European Banking Authority (EBA) partially deleted sections of its Guidelines on connected clients to align with new directly applicable European Union legislation. The EBA Guidelines on connected clients (EBA/GL/2017/15), originally adopted in 2017, provided guidance to credit institutions on identifying groups of connected clients, including situations involving control relationships, economic dependency, and combined control and economic dependency. The streamlining follows the entry into force of Commission Delegated Regulation (EU) 2024/1728, which introduces binding regulatory technical standards developed by the EBA. These standards establish the circumstances in which institutions must identify groups of connected clients. Since Commission Delegated Regulation (EU) 2024/1728 now applies directly across the EU, certain provisions of the EBA Guidelines are no longer necessary to ensure consistent application of Union law. The EBA determined that removing these redundant provisions maintains clarity and consistency in the framework used by credit institutions while eliminating duplication with the directly applicable regulatory technical standards. The decision was adopted pursuant to Articles 16(2a) and 29(1)(d) of Regulation (EU) No 1093/2010 (the EBA Regulation), Article 4(4) of Regulation (EU) No 575/2013 (the Capital Requirements Regulation), and Articles 1, 2 and 3 of Commission Delegated Regulation (EU) 2024/1728. The EBA has published the Decision together with a consolidated version of the Guidelines on connected clients, reflecting the partial deletions, on its website. The consolidated guidelines are available in all EU official languages. REFERENCES: https://www.eba.europa.eu/news-and-events/news/eba-streamlines-its-guidelines-connected-clients-align-new-eu-legislation