On 8 July 2025, the European Banking Authority („EBA”) published a draft of the guidelines on the sound management of third party risk. The scope of these guidelines will cover, among others, issuers of asset-referenced tokens, in particular in the context of outsourcing to third parties the functions and tasks related to the management of the reserve of assets, as well as safekeeping and investment of reserve assets. Accordingly, a consultation period has begun, lasting until 8 October 2025, during which organisations, market participants, and other interested parties may submit their comments and observations on the content of the aforementioned document.
The discussed document is available at the following link:
https://www.eba.europa.eu/sites/default/files/2025-07/33a0ee15-9601-4c2b-828e-1b09201a6e9f/CP%20on%20Draft%20Guidelines%20on%20sound%20management%20of%20third%20party%20risk.pdf