EBA consults on amendments to data collection for 2027 market risk benchmarking

The European Banking Authority (EBA) has initiated a consultation on amendments to the Implementing Technical Standards (ITS) for the 2027 market risk benchmarking exercise. The proposed changes aim to align the benchmarking framework with evolving regulations and allow institutions and supervisors sufficient time to prepare for upcoming market risk requirements.

The amendments include updates to the data collection process, reorganization of reporting templates, and the resumption of CRR2-IMA reporting, among other technical adjustments. They also consider the application of the European Commission’s FRTB Delegated Act from January 1, 2027. Some proposed changes, such as the CRR3-AIMA templates, have already undergone public consultation.

The consultation period is six weeks, closing on September 3, 2026, to facilitate earlier adoption of the final ITS and provide additional preparation time for newly included institutions. Responses can be submitted via the EBA consultation page by clicking the “send your comments” button. All contributions will be published after the consultation unless confidentiality is requested.

These draft ITS are developed under Article 78 of the Capital Requirements Directive (CRD), which mandates the EBA to specify benchmarking portfolios, templates, and definitions for annual exercises. The benchmarking supports supervisory assessments and the analysis of internal model outcomes, monitoring variability in own funds requirements and the impact of regulatory measures across the EU.