The European Banking Authority (EBA) is finalising proposals to simplify EU supervisory reporting after dialogue with the banking industry and feedback from a public consultation. It says the package is intended to reduce reporting costs while preserving information needed for effective supervision. The EBA refined the proposals following consultation feedback, industry workshops and discussions with the Reporting Contact Group of the Joint Bank Reporting Committee. It plans to publish the final report on the draft supervisory reporting Implementing Technical Standards (ITS) in December 2026 and submit it to the European Commission for adoption. Institutions are to receive at least a year to implement the new requirements, with longer periods for selected areas.
The planned measures include more proportionate templates, clearer instructions, reduced reporting frequencies and closer alignment with disclosure requirements. They also reduce collateral, stress-testing and ESG reporting and remove selected reporting thresholds. The package will integrate credit-risk and IFRS 9 benchmarking reporting into the supervisory reporting framework, streamline IFRS 9 requirements and place greater emphasis on consolidated-level reporting. It will simplify granular operational-risk loss reporting through streamlined data fields and clearer instructions, and introduce a dedicated stress-testing module with separate remittance timelines and frequencies, fewer requirements and selected data points removed.
The first reference date for the new requirements is postponed to December 2027. Selected areas, including liquidity, asset encumbrance, supervisory benchmarking and ESG reporting, are deferred until December 2028. During the transition, institutions and competent authorities should follow the EBA Opinion on IFRS-18 reporting and take account of the EBA’s consideration on applying FRTB from 1 January 2027. Existing operational-risk loss templates should include only data unaffected by the new taxonomy; institutions covered by credit-risk and IFRS 9 benchmarking exercises should continue using the 2026 ITS on supervisory benchmarking reporting.
Beyond changes to the EBA framework, EBA Board of Supervisors members have committed to reducing overlapping national and supervisory data requests when equivalent information is already collected through the EBA framework, while recognising that supervisors may need other data to perform their tasks. Guidelines on making and designing supervisory and resolution data requests are expected by the end of 2026, with aims including better coordination, less duplication and improved data sharing between authorities. An EU-wide public repository of such requests is expected to become operational in the first quarter of 2027 to make reporting demands more transparent. The EBA plans to present further proposals on reporting change management in the first half of 2027 and publish an accompanying technical package in early 2027, including a data point model, taxonomies and validation rules.
The EBA published its proposals for revising the supervisory reporting ITS for consultation on 10 April 2026; the consultation ended on 10 July. It also consulted on integrating supervisory benchmarking reporting requirements into the supervisory reporting ITS.