French Banking Federation

Key messages 1. Exempt retail exposures from DNSH (Do No Significant Harm) and MS (Minimum Safeguards) assessment While the revision of the CSRD will exempt most EU companies from Taxonomy reporting, banks will still be required to collect EU Taxonomy data from retail clients (e.g. mortgages, energy-efficient renovations, car loans.

Key messages 1. Exempt retail exposures from DNSH (Do No Significant Harm) and MS (Minimum Safeguards) assessment While the revision of the CSRD will exempt most EU companies from Taxonomy reporting, banks will still be required to collect EU Taxonomy data from retail clients (e.g. mortgages, energy-efficient renovations, car loans.

The French Banking Federation (FBF) supports the European Taxonomy and has welcomed the European Commission's desire for simplification. However, the members of the FBF were very surprised by the proposal to revise the delegated acts of the Taxonomy published in February 2026, for the following two reasons.

FBF Summary Position on the European Commissions proposed SFDR 2.0 Regulation A more detailed version of this response is attached The FBF welcomes the European Commissions proposed revision of the SFDR (SFDR 2.0), noting substantial simplification, clearer terminology and more meaningful product categories.

The French Banking Federation welcomes the European Climate Resilience and Risk Management Initiative and its related call for evidence. To provide the most relevant response to this consultation, we would like to highlight several key elements: first, the actions undertaken by banks in financing adaptation (non-exhaustive list); second, the main obstacles encountered in such financing; and finally, a potential…

The French banking sector welcomes the clarifications provided by the European Commission for the banking sector. However, the banking sector wishes to draw the Commissions attention to the persistent risks of regulatory overlap between the CRA, Regulation (EU) 2022/2554 on digital operational resilience in the financial sector (DORA), and other sector-specific regulations (PSD2 , PSR , eIDAS ).

As banking institutions and future relying parties of the EUDIW, The French Banking Federation welcomes the European Commissions initiative to gather stakeholders views on the use of the European Digital Identity Wallet for legal entities.

Driven by OECD initiatives, the EU tax framework has been significantly reinforced. The DAC has expanded, the anti tax avoidance directive (ATAD) introduced a comprehensive anti-avoidance corpus, and the Pillar Two rules were incorporated into EU law adding another layer of obligations and compliance requirements. These rules are creating significant level playing field challenges.

Europes strategic autonomy requires deeper EU capital markets. The FBF therefore supports the MISP and urges a swift, ambitious agreement. Competitiveness should be embedded as a core objective. The Lamfalussy process should be respected: Level 1 principle based; Level 2 specifying implementation modalities and minimum parameters; Level 3 setting parameter levels and remaining optional.

Europes strategic autonomy requires deeper EU capital markets. The FBF therefore supports the MISP and urges a swift, ambitious agreement. Competitiveness should be embedded as a core objective. The Lamfalussy process should be respected: Level 1 principle based; Level 2 specifying implementation modalities and minimum parameters; Level 3 setting parameter levels and remaining optional.

This initiative is a great opportunity to also address the issue of online fraud from both business and society perspectives, since it is increasingly widespread, with an impact on consumers, contributing to the loss of trust online. In the digital age, driven by the rise of e-commerce and the use of social networks as distribution channels, the online advertising industry is experiencing significant growth.

The French Banking Federation (FBF), in its capacity as a professional organisation representing all banks established in France and comprising 300 member banks of all sizes, French or foreign, appreciates its opportunity to contribute to the European Commission’s work on the draft BEFIT Directive.

Filed in French · English published by the European Commission

The French Banking Federation (FBF), in its capacity as a professional organisation representing all banks established in France and comprising 300 member banks of all sizes, French or foreign, appreciates the opportunity offered to it to contribute to the European Commission’s work on the draft Transfer Pricing Directive.

Filed in French · English published by the European Commission

The French banking sector fully understands the objective pursued by this European regulation to secure such products for a better consumers protection. This objective is indeed part of the broader strategy to enhance cybersecurity level in Europe, which the banking sector greatly supports, provided that it does not add unnecessary complexity and burdens for operators.

Hello The French banking profession, through its federation FBF (French Banking Federation), wishes to make its contribution and thus respond to the European Commission's consultation on its legislative proposal on the revision of PSD2. To do so, please find attached the "Have your say" on the draft PSD3 Regulation. Yours sincerely, FBF

As part of the tax omnibus package, the European Commission plans to propose a recast of European rules on administrative cooperation in the field of taxation (DAC) to make business easier and faster in Europe by reducing administrative burdens and simplifying implementation.

The French Banking Federation (FBF) welcomes the opportunity to express the views of the French banking industry on the call for evidence launched by the European Commission (Commission) on a targeted amendment on the prudential treatment of short-term Securities Financing Transactions (SFT) and unsecured transactions under the Net Stable Funding Ratio (NSFR).

The MIS package is a major initiative aimed at achieving both regulatory and operational progress, building on the existing regulatory framework and the philosophy of the SIU, with a view to strengthening the European financial marketplace, improving the efficiency of processing chains, and encouraging long-term investment through favourable market conditions.

The French Banking Federation (FBF) welcomes the European Commission's recognition that prudential rules should be assessed not only through the lens of financial stability, but also through their impact on growth, investment and financing capacity.