Guideline (EU) 2025/1521 of the European Central Bank of 15 July 2025 amending Guideline (EU) 2017/697 on the exercise of options and discretions available in Union law by national competent authorities in relation to less significant institutions (ECB/2017/9) (ECB/2025/25)

By way of derogation from Article 138, point (g), of Regulation (EU) No 575/2013, NCAs shall allow institutions to continue using an ECAI credit assessment in relation to an institution which incorporates assumptions of implicit government support until 1 January 2027.’

1 This Guideline shall take effect on the day of its notification to the national competent authorities of the participating Member States.

2 The national competent authorities of the participating Member States shall comply with this Guideline from 1 January 2026.

This Guideline is addressed to the national competent authorities of the participating Member States.