The EBA Outlines Next Steps On Supervisory Reporting Simplification And Extends Implementation Timelines Following Consultation Feedback On The ITS

The European Banking Authority (EBA) today outlines the way forward for the finalisation of proposals to simplify EU supervisory reporting, following extensive dialogue with the banking industry and feedback received during the public consultation. The package that is currently being finalised will introduce additional simplification measures, greater proportionality and extended implementation timelines, reducing reporting costs while preserving the information necessary for effective supervision. The final report on the draft Implementing Technical Standards (ITS) on supervisory reporting will be published by the EBA in December 2026.

Key measures to reduce reporting burden

Building on consultation feedback, industry workshops and discussions with the Reporting Contact Group (RCG) of the Joint Bank Reporting Committee (JBRC), the EBA has further refined its proposals to address the main concerns raised by stakeholders and deliver a tangible reduction in reporting requirements.

The final package will include:

• Further simplification of reporting templates, including greater proportionality, clarified instructions, reduced reporting frequencies and closer alignment with disclosure requirements. Key changes include a reduction of collateral reporting, stress testing, and ESG-related reporting, as well as the removal of selected reporting thresholds;
• Integration of credit risk and IFRS 9 benchmarking reporting into the supervisory reporting framework, accompanied by a substantial streamlining of IFRS 9 reporting requirements and a stronger focus on consolidated-level reporting;
• A simplified granular operational risk loss reporting, with streamlined data fields, and clearer reporting instructions;
• A dedicated stress-testing reporting module, introducing separate remittance timelines and frequencies, while further reducing reporting requirements and eliminating selected data points;
• Longer implementation timelines, to support an enhanced reporting change management framework, the first reference date for new requirements postponed to December 2027, and selected reporting areas, including liquidity, asset encumbrance, supervisory benchmarking and ESG reporting, deferred until December 2028.

Beyond the simplification of EU reporting requirements

The EBA and national competent authorities are also taking steps to reduce reporting burden beyond the EBA framework.

The EBA Board of Supervisors’ members have committed to reducing overlapping national and supervisory data requests where equivalent information is collected through the EBA reporting framework, acknowledging that supervisors may need access to other data for the performance of their tasks. This will promote greater consistency, reduce duplication and encourage the use of common definitions and concepts across the EU.

The EBA is also advancing with wider initiatives to improve data collection practices across the supervisory system, including:

• Guidelines on making and designing supervisory and resolution data requests, aimed at improving coordination, reducing duplication and enhancing data sharing between authorities expected to be published by the end of 2026.
• An EU-wide public repository of supervisory and resolution data requests, expected to become operational in Q1 2027, providing greater transparency and visibility over reporting demands placed on institutions.
• Further proposals to strengthen reporting change management, which the EBA will present in the first half of 2027.

Next steps

The EBA will publish the final report on the draft ITS package in December 2026 and will submit it to the EU Commission for adoptions. Institutions will benefit from at least a one-year implementation period before the application of the new requirements, with longer implementation periods for selected reporting areas.

To support implementation, in early 2027 the EBA will publish the accompanying technical package, including the data point model, taxonomies and validation rules.

During the transition period, institutions and competent authorities should (1) continue to follow the EBA Opinion on IFRS-18 reporting; (2) to take into account the EBA consideration on the application of the FRTB from 1 January 2027; (3) to report the existing reporting templates for operational risk losses where the data to be reported should include only the data not affected by the new granular operational risk taxonomy; and (4) for supervisory benchmarking reporting for credit risk and IFRS 9 benchmarking the institutions covered by the benchmarking exercise should continue using 2026 ITS on supervisory benchmarking reporting.

Background

On 10 April 2026 the EBA published proposals for the revisions of the European Commission’s Implementing Regulation (EU) 2024/3117 (ITS on Supervisory reporting) for the public consultation that ended on 10 July. In parallel, the EBA also consulted on the proposals for the revision of ITS on supervisory benchmarking reporting with a view of integrating the reporting requirements into the ITS on supervisory reporting. Both consultation papers and the consultation feedback is available here CP on the changes to the ITS on supervisory reporting and CP on the changes to ITS on supervisory benchmarking reporting.