EBA rolls out reporting framework update for IFRS 18 and Pillar 3 disclosures

Traders Union
All News
Regulators
EBA reporting framework update

Highlights

EBA's release 4.4 technical package introduces revised XBRL taxonomies, validation rules, and updated Data Point Models for new IFRS 18 and Pillar 3 disclosure obligations.
Main changes include new FINREP income and expenses module aligned with IFRS 18, updated ESG and equity exposure disclosures, and corrections to liquidity reporting template E 09.02.
Phase 1 focuses on cost reduction and compliance simplification, with phase 2 expected in early 2027 to deliver broader supervisory reporting simplification and additional benefits.

Technical package sets phase 1 scope

As reported by European Banking Authority, the final technical package for release 4.4 includes the Data Point Model, validation rules for reporting requirements and XBRL taxonomies covering new and amended disclosure and reporting obligations.

The phase 1 package is focused on enabling earlier IFRS 18-compliant reporting and supporting the application of Pillar 3 disclosure requirements. The EBA says this should reduce reporting costs for institutions and help simplify compliance ahead of a broader supervisory reporting simplification package now being finalized.

Among the main elements are updated Pillar 3 disclosure requirements on ESG risks, equity exposures and shadow banking exposures. The release also adds a new FINREP module on income and expenses aligned with IFRS 18, while covering ECB data collection on FINREP datapoints for less significant institutions.

Further changes include technical amendments and corrections for resolution planning, MREL decisions and Pillar 3 disclosure templates, as well as corrections to third-country branch liquidity reporting template E 09.02 after taxonomy and DPM inconsistencies were identified. The package also contains eligibility templates and revised templates for the 2027 AMLA risk assessment data collection exercise.

Next phase targets wider simplification

The EBA says the final package incorporates feedback from the stakeholder review of the draft version published on 24 July 2026. This release forms phase 1 of version 4.4, while the second phase is expected in early 2027.

That later phase is due to cover the remaining elements of the authority's consultation on a major simplification of supervisory reporting, published on 10 April 2026 and consulted on between April and July 2026. The EBA says the next step is intended to deliver substantial additional simplification benefits for reporting institutions.

The authority also updates FAQs first published in November 2025, adding guidance on third-country branch reporting, AMLA reporting, IFRS 18 reporting and the use of the conversion file. The additions are intended to support firms as they prepare for the revised reporting and disclosure framework.

Budget 2027 incentives for corporate transformation were previously covered by our publication, highlighting measures such as accelerated capital allowances, investment tax allowances for green technology and automation, and a higher minimum wage aimed at boosting productivity. We also noted the growing role of sustainability tools like carbon pricing, framing them as levers for resilience and long-term competitiveness rather than just compliance burdens.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.