The Delegated Act specifies the fees to be charged by the European Banking Authority to counterparties for the validation of pro forma models, and changes thereto, used by those counterparties to mitigate the risk of their uncleared over-the-counter (OTC) derivatives portfolios. The Delegated Act sets out the one-off fee charged for the validation of any new pro forma models as well as the annual fee charged for the validation of changes to already validated pro forma models. The fees are to be charged per pro forma model.

Period for submitting comments: February 12, 2026 – March 12, 2026 (midnight, Belgian time).