Commission takes action over delayed transposition of CRD VI and others
20 May 2026
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On 27 March 2026, the European Commission initiated infringement procedures against several EU Member States for failing to fully transpose key EU directives into their national laws by the required deadlines. These actions aim to ensure compliance with EU legislation and safeguard harmonisation across the EU.
Key Directives and Actions:
- European Single Access Point (ESAP) Omnibus Directive:
- Aimed at centralising corporate public information for investors.
- Deadlines for transposition: July 2025 (Phase 1) and January 2026 (Phases 2 & 3).
- Non-compliance by 19 Member States, including Cyprus and Luxembourg.
- Sixth Capital Requirements Directive (CRD6):
- Focusses on the carrying out of banking activity by third country banks in the EU, reverse solicitation, requirements for third country branches in the EU, and integrating environmental, social, and governance (ESG) risks.
- Deadline: January 2026.
22 Member States, including Cyprus and Luxembourg.
- e-Evidence Directive:
- Establishes mechanisms for judicial authorities to access electronic evidence across borders.
- Deadline: February 2026.
- Non-compliance by 22 Member States, including Cyprus and Luxembourg.
Next Steps:
The EU Commission issued formal notices, granting Member States two months to address the deficiencies. Failure to comply may result in the issuance of reasoned opinions, escalating the enforcement process.
The press release can be found here
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