EBA consults on major simplification of supervisory reporting

The European Banking Authority (EBA) is opening a public consultation until 10 July 2026 on measures to simplify EU supervisory reporting, aiming to reduce data points and improve efficiency for banks and regulators.

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The European Banking Authority (EBA) has announced a public consultation on proposed measures to significantly simplify EU supervisory reporting. The consultation covers revised Implementing Technical Standards (ITS) on supervisory reporting and supervisory benchmarking reporting, open until 10 July 2026. For IFRS 18-related requirements, the deadline is 10 May 2026.

The proposals aim to reduce the reporting burden for EU banks while ensuring supervisory authorities receive necessary information. The revisions would align reporting requirements with supervisory needs, reduce data points by approximately 50%, and enhance proportionality for small and non-complex institutions (SNCIs).

Separate EU-wide stress test and benchmarking data collections will be integrated into regular reporting to reduce overlaps and increase consistency. The EBA plans to develop an EU-wide public repository of supervisory data requests and issue guidance on best practices.

The proposed changes would be effective from September 2027. The EBA will support implementation through stakeholder engagement, hearings, and a workshop. These measures support the EBA’s work on integrated reporting via the Joint Bank Reporting Committee (JBRC) and modern data standards such as Data Point Model (DPM) 2.0.

Responses to the consultation can be submitted via dedicated surveys. The EBA will hold two public hearings: on 5 May 2026 for supervisory reporting and on 24 June 2026 for supervisory benchmarking. A workshop on ‘Efficient reporting: simpler, smarter, proportionate’ is scheduled for 4 June 2026.

The measures are based on the EU’s regulatory framework, including Regulation (EU) 2024/3117, and aim to streamline data points, templates, and reporting scope, while strengthening proportionality and integration of data collections. The proposals also include updates to credit risk and IFRS 9 reporting requirements, and the development of ESG supervisory reporting requirements based on upcoming ITS on disclosures.

Read the Original: European Banking Authority on April 10, 2026
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