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pc nid 94224 Jul 24, 2026 tojuri@vixio.com France Bank of France horizon scanning
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France's Prudential Control and Resolution Authority Aligns with European Banking Authority Guidelines on Third-Country Branch Instruments

On July 23, 2026, the Autorité de contrôle prudentiel et de résolution (ACPR), France's Prudential Control and Resolution Authority, announced its compliance with guidelines issued by the European Banking Authority (EBA) concerning instruments available to third-country branches that can be used immediately and without restriction to cover risks or losses. The ACPR declared conformity with EBA/GL/2026/03, which implements Article 48 sexies, paragraph 2, point c) of Directive 2013/36/UE (Capital Requirements Directive IV). These guidelines establish requirements for third-country branches operating in France, specifically those referenced in Article L. 511-10 of the French Monetary and Financial Code. The guidelines govern which instruments third-country branches may utilise for immediate and unrestricted risk and loss coverage purposes. The guidelines become effective on January 11, 2027. All affected institutions must take all necessary measures to comply with these orientations in accordance with Article 16 of Regulation (EU) No. 1093/2010, which established the European Banking Authority. The ACPR's alignment ensures consistent application of EBA standards across France's regulatory framework and reinforces prudential oversight of third-country branch operations. Third-country branches operating in France should review the full EBA guidelines and assess their current instruments and risk management practices to ensure compliance ahead of the January 2027 effective date.

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France's Prudential Control and Resolution Authority Adopts EBA Guidelines on Third-Country Branch Instruments

On July 23, 2026, the Prudential Supervision and Resolution Authority (ACPR) announced it had adopted the European Banking Authority’s (EBA) Guidelines on instruments available for third country branches for unrestricted and immediate use to cover risks or losses under Article 48e(2)(c) of Directive 2013/36/EU ( EBA/GL/2026/03 ). These guidelines establish requirements for third-country branches operating in France, specifically those referenced in Article L. 511-10 of the French Monetary and Financial Code . The guidelines govern which instruments third-country branches may utilise for immediate and unrestricted risk and loss coverage purposes. The ACPR's alignment ensures consistent application of EBA standards across France's regulatory framework and reinforces prudential oversight of third-country branch operations. Third-country branches operating in France should review the full EBA guidelines and assess their current instruments and risk management practices to ensure compliance ahead of the January 2027 effective date. The guidelines become effective on January 11, 2027.