EBA consults on major simplification of supervisory reporting

The European Banking Authority (EBA) has announced a public consultation on measures to significantly simplify EU supervisory reporting. The consultation on revised Implementing Technical Standards (ITS) on supervisory reporting and supervisory benchmarking reporting is 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 strengthen proportionality, especially for small and non-complex institutions.

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

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

Responses can be submitted via surveys in each consultation module. The deadline for general comments is 10 July 2026, and for IFRS 18-related changes, 10 May 2026. The EBA will hold two public hearings on 5 May 2026 and 24 June 2026, and a workshop on 4 June 2026. Registration deadlines are provided in the announcement.

The consultation is based on the EU Commission Implementing Regulation (EU) 2024/3117 and aims to support supervisors’ assessment of financial soundness and compliance. The proposals focus on reducing data points, adjusting reporting scope, and improving proportionality, especially for small institutions. They also include updates related to ESG reporting requirements.