Commission Implementing Regulation (EU) 2026/519 – MREL Reporting
This regulation updates the reporting requirements for the minimum requirement for own funds and eligible liabilities (MREL) of financial institutions. Key changes include a shift to bi-annual reporting by resolution authorities to the European Banking Authority (EBA), replacing the previous annual reporting.
Resolution authorities must report MREL information by 16 September (for MREL applicable as of 30 June) and by 18 March of the following year (for MREL applicable as of 31 December).
The updated reporting templates in Annexes I and II, notably template M 20.00, now require authorities to provide details on their discretionary powers when setting MREL, as allowed under Article 45b(4) of Directive 2014/59/EU. This aims to give the EBA more current data and a better understanding of how MREL decisions are being made across the EU.
Commission Implementing Regulation (EU) 2026/530 – Hungary Sheepmeat and Pigmeat Support
This regulation allows the EU to provide financial support to Hungary to compensate farmers affected by outbreaks of foot and mouth disease in early 2025. The EU will part-finance 60% of Hungary’s expenditure, up to a maximum of EUR 434,970.
The funds are specifically targeted to cover losses related to prolonged rearing periods of pigs (EUR 1.18 per pig per day for up to 28,441 animals) and the loss of value of sheep (maximum of EUR 57,553 for up to 1,071 sheep).
Hungary must ensure eligibility of applicants, accurate loss assessments, and prevent double funding, and implement administrative and on-the-spot checks. Payments must be made by August 31, 2026.
Commission Implementing Regulation (EU) 2026/568 – African Swine Fever Control Measures
This regulation amends Implementing Regulation (EU) 2023/594 by updating the restricted (I, II, and III) and infected zones listed in Annexes I and II concerning African swine fever (ASF).
The updates reflect the changing epidemiological situation of ASF in Poland, Hungary, Croatia and Spain.
Key updates include reclassifying an area in the Łódzkie region of Poland from an infected zone to restricted zones II and I. Areas previously listed as restricted zone I in Hungary are now listed as restricted zone II, and areas in Croatia in close proximity to the affected areas in Hungary are now listed as restricted zones I.
The regulation also corrects an error regarding the listing of certain areas in Catalonia, Spain.
Member States with listed areas must implement the special disease control measures outlined in Implementing Regulation (EU) 2023/594 and Delegated Regulation (EU) 2020/687, affecting the movement of live pigs and pig products from and within these zones.
Review of each of legal acts published today:
Commission Implementing Regulation (EU) 2026/519 of 10 March 2026 amending the implementing technical standards laid down in Implementing Regulation (EU) 2021/622 as regards the frequency of reporting and the information to be reported
This Commission Implementing Regulation (EU) 2026/519 amends Implementing Regulation (EU) 2021/622, focusing on the reporting requirements for the minimum requirement for own funds and eligible liabilities (MREL) of financial institutions. The key changes involve adjusting the frequency of reporting and the information that resolution authorities must provide to the European Banking Authority (EBA). These amendments aim to enhance the EBA’s ability to monitor and assess MREL decisions made by resolution authorities.
The regulation modifies Article 2, replacing the title and deleting paragraph 2, and Article 3 regarding groups subject to MREL on a consolidated basis. A significant change is made to Article 4, which now requires resolution authorities to report MREL information bi-annually instead of annually. The reporting deadlines are set for 16 September for MREL applicable as of 30 June, and 18 March of the following year for MREL applicable as of 31 December. Additionally, Annexes I and II, which contain the reporting templates and instructions, are replaced with updated versions. The updated annexes include adjustments to template M 20.00, which concerns reporting on MREL decisions, to include information on the exercise of discretion by resolution authorities, particularly regarding the option available under Article 45b(4) of Directive 2014/59/EU.
The most important provisions of this regulation are the shift to bi-annual reporting and the enhanced requirements for reporting on the discretionary elements used when setting MREL. These changes ensure that the EBA has more up-to-date information on MREL decisions and can better assess how resolution authorities are using their discretionary powers. This will likely lead to more scrutiny of MREL decisions and a greater focus on the factors influencing those decisions.
Commission Implementing Regulation (EU) 2026/530 of 10 March 2026 on exceptional support measures for the sheepmeat and pigmeat sectors in Hungary
This Commission Implementing Regulation (EU) 2026/530 addresses the economic fallout in Hungary’s sheepmeat and pigmeat sectors due to outbreaks of foot and mouth disease in early 2025. It allows the EU to provide financial support to Hungary to compensate farmers who suffered losses because of the necessary animal health and veterinary measures implemented to control the disease. The regulation aims to alleviate the financial burden on affected farmers by part-financing specific losses, ensuring that the support is targeted, temporary, and does not lead to overcompensation or double funding.
The regulation consists of 5 articles and an annex.
* **Article 1** establishes that the EU will part-finance 60% of Hungary’s expenditure to support the affected sheepmeat and pigmeat markets.
* **Article 2** specifies the conditions under which Hungary’s expenditure is eligible for EU part-financing, including the duration of animal health measures, the location of affected holdings within regulated zones, a payment deadline of August 31, 2026, and the exclusion of animals or products already compensated through other means.
* **Article 3** sets the maximum amount of Union part-financing at EUR 434,970, detailing specific allocations for losses related to prolonged rearing periods of pigs (EUR 1.18 per pig per day for up to 28,441 animals) and the loss of value of sheep (maximum of EUR 57,553 for up to 1,071 sheep). It also allows for adjustments between these allocations, provided the total adjustments remain below 20% of the overall maximum amount.
* **Article 4** mandates Hungary to conduct administrative and on-the-spot checks to ensure the eligibility of applicants and the accuracy of loss assessments, as well as to prevent double funding. It also outlines procedures for recovering aid and applying sanctions if eligibility is not confirmed.
* **Article 5** defines the date of entry into force of the regulation.
* The **Annex** lists the Union legislation that defines the regulated zones and periods relevant to the support measures.
The most important provisions for practical use are those outlining the eligibility criteria (Article 2), the specific financial support amounts and conditions (Article 3), and the control and verification obligations for Hungary (Article 4). These sections define who can benefit from the support, how much they can receive, and what steps Hungary must take to ensure the funds are properly distributed and accounted for.
Commission Implementing Regulation (EU) 2026/568 of 10 March 2026 amending and correcting Annexes I and II to Implementing Regulation (EU) 2023/594 laying down special disease control measures for African swine fever
Here’s a breakdown of the Commission Implementing Regulation (EU) 2026/568:
**1. Essence of the Act:**
This regulation amends Implementing Regulation (EU) 2023/594, which lays down special disease control measures for African swine fever (ASF). The changes involve updating the restricted zones (I, II, and III) listed in Annex I and the infected zones listed in Annex II of the original regulation. These updates are based on the evolving epidemiological situation of ASF in various Member States, particularly in Poland, Hungary, Croatia and Spain. The goal is to prevent the further spread of the disease within the Union.
**2. Structure and Main Provisions:**
* **Amends Annexes I and II of Regulation (EU) 2023/594:** The core of this regulation is the replacement of Annexes I and II of the original act with updated lists of restricted and infected zones.
* **Updates Based on Epidemiological Situation:** The amendments reflect changes in the ASF situation in specific regions:
* **Poland:** An area in the Łódzkie region, initially listed as an infected zone, is now reclassified into restricted zones II and I due to ongoing outbreaks in wild porcine animals.
* **Hungary:** Areas previously listed as restricted zone I are now listed as restricted zone II due to new outbreaks in wild porcine animals in the Baranya County.
* **Croatia:** Areas in close proximity to the areas of Hungary affected by those recent outbreaks, are now listed as restricted zones I.
* **Spain:** Correction of an error in the previous Implementing Regulation (EU) 2026/483 regarding the listing of certain areas in Catalonia.
* **Entry into Force:** The regulation takes effect the day after its publication in the Official Journal of the European Union.
**3. Main Provisions Important for Use:**
* **Geographic Zones:** The key element of this regulation is the updated lists of restricted zones (I, II, and III) in Annex I and infected zones in Annex II. These lists define the specific areas where special disease control measures apply.
* **Obligations for Member States:** Member States with areas listed in the Annexes are obligated to implement the special disease control measures as outlined in Implementing Regulation (EU) 2023/594 and Delegated Regulation (EU) 2020/687.
* **Movement Restrictions:** The regulation directly impacts the movement of live pigs and certain pig products from and within the listed zones. Businesses and individuals involved in the trade of these animals and products need to be aware of these restrictions.
* **Regular Updates:** It’s important to note that the regulation acknowledges the dynamic nature of the ASF situation, implying that these zones may be subject to further changes in the future.
**:** This regulation has implications for Ukraine, as African Swine Fever is a concern in Eastern Europe. Ukrainians involved in the pig farming industry or trade with the EU need to be aware of these restrictions to avoid disruptions and ensure compliance.
