Amendments to EBA Guidelines on product oversight and governance arrangements for retail banking products – applicable from 11 January 2027

On 30 June 2026, the European Banking Authority (EBA) issued updated Guidelines on product oversight and governance arrangements for retail banking products (EBA/GL/2015/18). The updated Guidelines clarify requirements for environmental, social and governance (ESG) features whenever offered and sold to consumers, and address greenwashing risks. The aim is to reduce the risk of consumers being misled or sold products that do not meet their needs. 

The Financial Supervisory Authority (FIN-FSA) has confirmed that it will comply with the Guidelines.  

In accordance with Article 16(3) of the EBA Regulation¹, financial institutions shall make every effort to comply with the EBA Guidelines. 

Date of application 

The Guidelines will apply from 11 January 2027. 

For further information, please contact 

Eetu Tulilahti, Legal Advisor, tel. +358 9 183 5093 or eetu.tulilahti(at)fiva.fi 

Appendix 

EBA Guidelines: Guidelines amending Guidelines EBA/GL/2015/18 on product oversight and governance arrangements for retail banking products 

See also 

Guidelines of the European Supervisory Authorities

_{¹ ESMA Regulation (EU) No 1093/2010, EBA Regulation (EU) No 1095/2010 and EIOPA Regulation (EU) No 1094/2010.}