The European Banking Authority (EBA) published its 2025 Report on supervisory convergence on 29 June 2026, detailing progress in aligning supervisory practices across the European Union and identifying areas needing further convergence. The report supports the EBA's broader initiative to simplify and streamline the EU prudential framework, aiming to reduce unnecessary complexity and ensure a level playing field in the Single Market.
The report covers the EBA's work across prudential supervision, resolution, consumer protection, digital finance, and anti-money laundering (until end-2025). Key developments in 2025 include advancing the European Supervisory Examination Programme (ESEP) on resilience testing and Basel III implementation, progress in bail-in readiness and liquidity planning, support for the Markets in Crypto-Assets Regulation (MiCA) and the Digital Operational Resilience Act (DORA), and the creation of a new EU-wide payment fraud database. The EBA also delivered 25 training courses to over 2,900 participants and conducted peer reviews, Q&As, and breach of Union law investigations.
Looking ahead to 2026, the EBA will focus on implementing Basel III reforms, advancing resolution testing frameworks, strengthening oversight under DORA, and enhancing supervision under MiCA. The report is part of the EBA's communication campaign "Simplifying to strengthen: building a more efficient EU prudential and supervisory framework," following its October 2025 report on regulatory efficiency. The EBA is mandated under its founding Regulation and Article 107 of the Capital Requirements Directive to report annually to the European Parliament and Council on supervisory convergence.
The report impacts EU banks and financial institutions, which face continued alignment of supervisory practices and potential compliance costs from Basel III and digital finance regulations. National competent authorities benefit from clearer convergence guidance but may need to adjust their supervisory approaches. EU consumers gain from enhanced consumer protection measures, including the new payment fraud database. The EBA itself strengthens its role in fostering a common supervisory culture, though it must balance simplification with robust oversight.