The European Banking Authority has set out its road map to finalise proposals simplifying EU supervisory reporting, pushing core application dates to December 2027 and deferring selected areas to 2028.
Refined Proposals and Core Reporting Simplification
Following feedback from public consultations, industry workshops, and engagement with the Reporting Contact Group of the Joint Bank Reporting Committee, the European Banking Authority (EBA) is preparing its final report on draft Implementing Technical Standards (ITS) on supervisory reporting. Scheduled for publication in December 2026, the final package intends to reduce reporting costs while preserving the data needed for effective supervisory oversight.
Key updates include simplified reporting templates, greater proportionality, clarified instructions, and reduced reporting frequencies. The changes incorporate reductions in collateral reporting, stress testing, and ESG-related reporting, alongside the removal of selected reporting thresholds. Furthermore, credit risk and IFRS 9 benchmarking reporting will be integrated directly into the supervisory framework with a heightened focus on consolidated reporting.
Extended Timelines and Broader Administrative Relief
To allow institutions adequate preparation time, implementation timelines have been extended. The initial reference date for new reporting requirements is postponed to December 2027. Specific reporting areas, including ESG reporting, liquidity, asset encumbrance, and supervisory benchmarking, are deferred further until December 2028.
Members of the EBA Board of Supervisors have also committed to reducing duplicate national data requests where equivalent information is gathered through the EBA framework. Supplementary measures include guidelines on supervisory and resolution data requests expected by the end of 2026, an EU-wide public data request repository planned for Q1 2027, and further proposals on reporting change management in the first half of 2027.
| Initiative / Requirement | Target Schedule / Reference Date |
|---|---|
| Final ITS Report Publication | December 2026 |
| Guidelines on Supervisory Data Requests | End of 2026 |
| Technical Package Release (DPM, Taxonomies) | Early 2027 |
| EU-wide Data Request Repository | Q1 2027 |
| First Reference Date for New Requirements | December 2027 |
| Deferred Areas (ESG, Liquidity, Asset Encumbrance, Benchmarking) | December 2028 |
Frequently Asked Questions
When will the final report on the EBA supervisory reporting ITS be published?
The EBA plans to publish the final report on the draft Implementing Technical Standards in December 2026 before submitting it to the European Commission for adoption.
What are the updated implementation dates for financial institutions?
The first reference date for new requirements is postponed to December 2027, with selected areas such as ESG reporting, liquidity, asset encumbrance, and supervisory benchmarking deferred to December 2028.
