The European Banking Authority (EBA) has issued its Final Guidelines (EBA/GL/2026/03) on the instruments available to third-country branches (TCBs) for meeting their capital endowment requirements under the CRD framework.
The Guidelines clarify eligible assets, including certain high-quality debt instruments, and introduce strict operational conditions (e.g. escrow, unencumbered status, liquidity), alongside enhanced expectations on governance and ongoing monitoring.
With application from January 2027, institutions operating TCBs in the EU should begin assessing asset eligibility and internal arrangements to ensure compliance.