Updated 16/10/2025
Coming into force on 03/11/2025

Initial Legal Act
References (5)
14/10/2025
Delegated Regulation 2025/1265 published in OJ
06/12/2024
EBA/RTS/2025/19
Final Draft published
24/04/2024
EBA/CP/2024/10
Consultation published
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Delegated Regulation 2025/1265

Commission Delegated Regulation (EU) 2025/1265 of 1 July 2025 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying the method for identifying the main risk driver of a position and for determining whether a transaction represents a long or a short position as referred to in Articles 94(3), 273a(3) and 325a(2)

RecitalsArticle 1 - Method for identifying the main risk drivers of a non-derivative positionArticle 2 - Method for determining whether a non-derivative transaction represents a long or a short position in its main risk driverArticle 3 - Simplified method for identifying the main risk driver of a non-derivative position and for determining whether the non-derivative transaction represents a long or a short position in its main risk driverArticle 4 - Method for identifying the main risk drivers of a derivative positionArticle 5 - Method for determining whether a derivative transaction represents a long or a short position in its main risk driverArticle 6 - Simplified method for identifying the main risk driver of a derivative position and for determining whether the derivative transaction represents a long or a short position in its main risk driverArticle 7 - Entry into forceANNEX