EC adopts Delegated Regulation on booking arrangements for TCBs under CRD VI

The European Commission adopted a Delegated Regulation supplementing the Capital Requirements Directive 2013/36/EU, as amended by Directive 2024/1619 (CRD VI), with regard to regulatory technical standards (RTS) specifying the booking arrangements that third-country branches (TCBs) must apply for the purposes of Article 48h CRD. The RTS set out the methodology that TCBs must follow to track and maintain a precise and comprehensive record of all assets and liabilities booked or originated by the TCB, and off-balance sheet items, in each case that arise from transactions on the basis of their authorised activities, transactions that do not require authorisation, intragroup transactions, and transactions entered into on the basis of reverse solicitation of services.

The RTS also specify the minimum information that must be maintained in the registry book, together with information on their associated risks, taking into account the size and complexity of their operations. The Regulation is based on the European Banking Authority's final draft RTS published in January. It will enter into force on the 20th day following publication in the Official Journal of the European Union and will apply from 11 January 2027.

Return to main website.