Update to financial prudence annex for regional and local authorities

The 3 July 2026 resolution updates Annex 1 to the 4 July 2017 resolution defining the financial prudence principle for debt and derivatives operations by regional communities and local entities. The changes modify exposure limits and the risk calculation methodology. The update comes into force the day after publication in the BOE (art. 2).

Regional and local authorities must update their financial prudence calculation systems within 30 days. The change directly affects their financing capacity and risk management. Local administrations assume new obligations regarding transparency and compliance in derivatives exposure calculations (art. 2).