Regulatory Alerts2026-08-26
Added
Instruction No. 7/2026: Revocation of Instruction No. 28/2018
Instruction No. 7/2026 explicitly revokes Instruction No. 28/2018, which previously implemented European Banking Authority guidelines on linked clients for less significant credit institutions. The revocation is necessitated by the fact that the previous instruction's content is no longer consistent with updated European and national regulatory developments, specifically the Delegated Regulation (EU) 2024/1728 and subsequent EBA decisions. This measure aims to ensure legal certainty and security by aligning national rules with current regulations. The instruction enters into force the day following its publication in the Official Gazette.
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