EBA updates O-SII list and signs stablecoin MoU with NYDFS
EBA updated the list of other systemically important institutions (O-SIIs) and signed an MoU with NYDFS on stablecoin supervision.
The refreshed O-SII list determines additional capital buffer requirements for affected institutions. The EBA-NYDFS MoU establishes a cooperation channel for supervising international stablecoin issuers and activities, signalling cross-border convergence on crypto-asset oversight.
Impacts capital buffers for designated institutions and supervisory expectations for cross-border stablecoin operations.
Action Required
Confirm O-SII designations and capital buffer implications; map stablecoin activities for EU-US supervisory cooperation.
O-SII designations drive capital requirements; stablecoin MoU signals tightening cross-border crypto oversight.
Validate O-SII status and buffer calibration; assess stablecoin exposures and ensure dual-jurisdiction supervisory disclosures align under EBA-NYDFS cooperation.
“The EBA updates list of other systemically important institutions; EBA and the New York State Department of Financial Services sign a Memorandum of Understanding to foster cooperation in the supervision of international stablecoin activities.”
Published: 2026-06-02