The 9th MaRisk Amendment, published by BaFin on June 30, 2026, streamlines and modernizes the regulatory framework while incorporating developments from the European supervisory framework.
Rather than fundamentally redefining risk management, the amendment represents a consistent evolution of existing requirements.
Financial institutions are required to implement the additional requirements arising from the new framework by January 1, 2027. This date should not be seen as an endpoint, but rather as a milestone marking the beginning of a continuous development process that institutions can shape according to their individual circumstances, while ensuring that their approach remains transparent, well-governed and demonstrably appropriate.
In this paper, our experts take a closer look at the key changes introduced by the 9th MaRisk Amendment and examine what they mean for financial institutions.
Key topics addressed in our paper:
- More flexibility, more responsibility: The strengthened proportionality principle and increased focus on principles-based regulation create new opportunities and new requirements for governance, decision-making and documentation.
- ESG becomes more deeply embedded: The amendment further integrates ESG risks into established risk management processes and introduces new requirements for long-term environmental resilience analysis.
- A changing supervisory focus: The 9th MaRisk Amendment shapes supervisory expectations and the way institutions approach regulatory implementation.
- From regulatory requirements to practical implementation: Institutions should address key areas to translate the new requirements into sustainable, proportionate and audit-ready processes.
Want to understand what the 9th MaRisk Amendment means for your institution and where the most relevant implementation challenges lie?
Donwload and explore our German-language paper to understand the key changes, practical implications and actions institutions should consider now.
