EBA Regulation Art. 39 and ESMA Regulation Art. 39: where the texts differ

textually similar (0.988) · paired on the EBA Regulation text of 31 December 2025 and the ESMA Regulation text of 10 November 2025 · headings the same

EBA Regulation Art. 39 and ESMA Regulation Art. 39 are textually similar: their words match at a ratio of 0.988, where 1 is identical text. That says nothing about what either provision requires, or whether one should change because the other did.

EBA Regulation Art. 39 on EUR-Lex (external, EUR-Lex) · ESMA Regulation Art. 39 on EUR-Lex (external, EUR-Lex) · EBA Regulation Art. 39: its history · ESMA Regulation Art. 39: its history

Where the texts differ

Each passage is a differing span with up to 6 unchanged words either side, from the text as compared, spacing collapsed, and cut at 400 characters where it ends […]. It is an excerpt for reading where the two differ, not the verbatim text.

Passage	EBA Regulation Art. 39	ESMA Regulation Art. 39
1	of the competent authority or financial institution concerned and the main content of	of the competent authority or financial market participant concerned and the main content of
2	the legitimate interest of those financial institutions, or with the protection of their	the legitimate interest of those financial market participants, or with the protection of their

Aligned sub-provisions

EBA Regulation first, then ESMA Regulation, each with its word ratio.

Art. 39(1) and Art. 39(1) · 1.000
Art. 39(1)(1) and Art. 39(1)(1) · 1.000
Art. 39(2) and Art. 39(2) · 1.000
Art. 39(2)(1) and Art. 39(2)(1) · 1.000
Art. 39(3) and Art. 39(3) · 1.000
Art. 39(3)(1) and Art. 39(3)(1) · 1.000
Art. 39(4) and Art. 39(4) · 1.000
Art. 39(4)(1) and Art. 39(4)(1) · 1.000
Art. 39(5) and Art. 39(5) · 1.000
Art. 39(5)(1) and Art. 39(5)(1) · 1.000
Art. 39(6) and Art. 39(6) · 0.966
Art. 39(6)(1) and Art. 39(6)(1) · 0.966

Changes since the texts were paired

The record holds no change to either provision after the versions they were paired on.