EBA extends supervisory reporting timeline as EU simplification package advances

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EBA extends reporting timeline

Highlights

EBA delays new supervisory reporting requirements to December 2027, with liquidity, asset encumbrance, benchmarking, and ESG reporting postponed to December 2028.
The final package introduces simplified templates, clearer instructions, reduced reporting frequencies, and integrates credit risk and IFRS 9 benchmarking into a streamlined supervisory reporting framework.
EBA and national authorities commit to reducing overlapping data requests and expect an EU-wide public repository of supervisory data requests by Q1 2027.

Revised package delays rollout to 2027 and 2028

As outlined by European Banking Authority, the final package builds on consultation feedback, industry workshops and discussions with the Reporting Contact Group of the Joint Bank Reporting Committee to reduce reporting requirements and address concerns raised by banks.

The measures being finalised include further simplification of reporting templates, clearer instructions, lower reporting frequencies and closer alignment with disclosure requirements. The EBA says the changes cover reduced collateral, stress-testing and ESG-related reporting, alongside the removal of selected reporting thresholds.

The package also integrates credit risk and IFRS 9 benchmarking reporting into the supervisory reporting framework, while streamlining IFRS 9 requirements and placing greater emphasis on consolidated-level reporting. It also introduces a simplified granular operational risk loss regime and a dedicated stress-testing reporting module with separate remittance timelines and frequencies.

The first reference date for the new requirements is postponed to December 2027, while selected areas including liquidity, asset encumbrance, supervisory benchmarking and ESG reporting are deferred until December 2028. The EBA says the final report on the draft Implementing Technical Standards will be published in December 2026, followed by a technical package in early 2027.

Lower compliance burden across EU supervision

The authority says the revised timetable and simplified templates are intended to reduce reporting costs for institutions without removing data needed for effective supervision. Banks are also due to receive at least a one-year implementation period before the new requirements apply, with longer lead times for some reporting areas.

Beyond the ITS package, the EBA and national competent authorities are taking steps to cut duplication in data requests where equivalent information is already collected through the EBA framework. The EBA Board of Supervisors’ members have committed to reducing overlapping national and supervisory requests, while recognising that some additional data may still be required for supervisory tasks.

The regulator is also advancing broader data collection reforms across the EU supervisory system. These include guidelines on supervisory and resolution data requests expected by the end of 2026, a public EU-wide repository of such requests planned for the first quarter of 2027, and further proposals on reporting change management in the first half of 2027.

The current revisions follow public consultations launched on 10 April 2026 on changes to the European Commission’s Implementing Regulation (EU) 2024/3117 and on supervisory benchmarking reporting. Those consultations ended on 10 July, and institutions are instructed to continue using existing reporting arrangements during the transition in the areas specified by the EBA.

Our earlier article on Mario Draghi’s warning about the debt–inflation–growth trade-off explained how keeping interest rates above growth for too long can worsen debt dynamics and ultimately pressure policymakers toward choices that undermine long-term investment. It also highlighted his view that central banks should prioritise inflation control while avoiding unnecessarily restrictive rate paths, alongside EU-level measures such as deeper market integration and targeted investment support to protect productivity and resilience.

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