EU Banking Authority Issues Crypto and Climate Risk Guidance

Last Updated: May 5, 2025

EU Banking Authority Issues Crypto and Climate Risk Guidance image

In late April 2025, the European Banking Authority (EBA) took steps to enhance regulatory oversight concerning crypto-assets and climate risk. The EBA published a draft Regulatory Technical Standards defining the criteria for when Crypto-Asset Service Providers (CASPs) under MiCA regulations must appoint a central contact point within the EU/EEA. This contact point aims to serve as a key liaison for national authorities in the fight against financial crime. 

Concurrently, the EBA launched an ESG dashboard providing centralized access to comparable climate risk indicators for the EU/EEA banking sector, seeking to establish a broader ESG risk monitoring framework and improve transparency regarding banks' climate-related exposures and transition risks.

Source: Paul Hastings

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