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Provision history · EBA Regulation

Art. 23 · Identification and measurement of systemic risk

European Banking Authority Regulation · 32010R1093 · every version of this act · on EUR-Lex

1 change recorded across 1 version, newest first.

Twin in EIOPA Regulation: Art. 23, textually similar (0.918), paired on this act's text of 31 December 2025 and the EIOPA Regulation text of 10 November 2025. See where the two texts differ.

Twin in ESMA Regulation: Art. 23, textually similar (0.967), paired on this act's text of 31 December 2025 and the ESMA Regulation text of 10 November 2025. See where the two texts differ.

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Version in force Modified +74 −9

Amended by Regulation (EU) 2019/2175 32019R2175 on EUR-Lex

Applies from: no date changed

Explanation, written by a model and checked against the cited text

The stress-testing evaluation now covers systemic risk posed by, or to, financial institutions, whereas before it referred only to risk posed by financial institutions.

The evaluation also now expressly includes potential environmental-related systemic risk, a phrase absent from the earlier text.

Cited: Art. 23, v2 · Art. 23, v1

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, in force 30 March 2019 02010R1093-20190330 → this version, in force 1 January 2020 02010R1093-20200101

Article 23 Identification and measurement of systemic risk 1. The Authority shall, in consultation with the ESRB, develop criteria for the identification and measurement of systemic risk and an adequate stress-testing regime which includes an evaluation of the potential for systemic risk posed by by, or to, financial institutions to increase in situations of stress. stress, including potential environmental-related systemic risk. The financial institutions that may pose a systemic risk shall be subject to strengthened supervision, and where necessary, the recovery and resolution procedures referred to in Article 25. 2. The Authority shall take fully into account the relevant international approaches when developing the criteria for the identification and measurement of systemic risk posed by financial institutions, including those established by the Financial Stability Board, the International Monetary Fund and the Bank for International Settlements.