Following consultation feedback, the EBA is refining plans to simplify EU supervisory reporting, reduce selected data requirements and delay the first application of new requirements.
What the EBA changed after consultation feedback
The European Banking Authority says it has refined its proposals after dialogue with the banking industry, industry workshops and feedback on the public consultation. The comparison is therefore with the proposals submitted for consultation—not with a previously implemented reporting regime.
The package is intended to reduce overlapping and duplicated requests while preserving information needed for effective supervision. Planned measures include simpler templates, greater proportionality, clearer instructions, reduced reporting frequencies and closer alignment with disclosure requirements.
The proposed scope reductions include collateral, stress-testing and ESG-related reporting, as well as the removal of selected reporting thresholds. The EBA also plans to integrate credit-risk and IFRS 9 benchmarking into the supervisory reporting framework, streamline IFRS 9 reporting and place greater emphasis on consolidated-level reporting. Operational-risk loss reporting would use a simplified granular format with fewer data fields and clearer instructions.
The timeline is part of the reform
The first reference date for the new requirements has been postponed to December 2027. Selected areas—including liquidity, asset encumbrance, supervisory benchmarking and ESG reporting—are deferred until December 2028. Institutions are expected to receive at least one year to implement new requirements, with longer periods for selected reporting areas.
The transition arrangements matter because the new framework is not yet the only reporting reference point. During the transition, institutions should continue following the EBA’s position on IFRS-18 reporting, take account of its consideration on applying the FRTB from 1 January 2027, continue reporting operational-risk losses using the existing templates for data not affected by the new taxonomy, and use the 2026 ITS for the relevant supervisory benchmarking exercises.
What happens next—and what does not follow yet
The EBA plans to publish its final report on the draft ITS package in December 2026 and submit it to the European Commission for adoption. It also plans to publish the accompanying technical package— including the data point model, taxonomies and validation rules—in early 2027. Further proposals on reporting change management are expected in the first half of 2027.
A separate EU-wide repository of supervisory and resolution data requests is expected to become operational in the first quarter of 2027. Guidelines on designing and making such requests are expected by the end of 2026.
These milestones do not by themselves establish that the final legal or technical framework is already in force. The source describes proposals, planned publications and transition instructions; it does not provide a final adopted text, a complete implementation manual or quantified savings for individual institutions. That distinction is important when assessing operational impact.
A practical reading checklist for institutions and observers
The source supports four concrete checks:
- Separate current reporting from future requirements. Identify which templates and instructions remain applicable during the transition, including the 2026 ITS for the specified benchmarking exercises.
- Track the relevant reference date. Use December 2027 as the stated first reference date for new requirements and December 2028 for the selected deferred areas.
- Watch the technical package. The data point model, taxonomies and validation rules are planned for early 2027 and will provide more implementation detail than the announcement itself.
- Distinguish framework simplification from wider data-request coordination. The EBA’s ITS package and the planned repository and guidelines address related but distinct parts of the reporting process.
The EBA announcement and the EIOPA risk-dashboard release concern different supervisory subjects. The EBA source addresses bank reporting simplification and implementation timing , while the EIOPA source covers risks and vulnerabilities in the European insurance sector using Solvency II, market and prudential data . They therefore should not be combined into a single conclusion about the effects of the EBA reform.
Key takeaways and FAQs
When is the first reference date for the EBA’s new reporting requirements?
The first reference date is postponed to December 2027. Selected areas, including liquidity, asset encumbrance, supervisory benchmarking and ESG reporting, are deferred until December 2028.
What will the EBA publish in early 2027?
The EBA plans to publish a technical package containing the data point model, taxonomies and validation rules.
Are the new reporting requirements already fully in force?
No. The release describes proposals being finalised, planned technical materials and transition arrangements. It does not establish that the final framework is already fully in force.
What to take away
The EBA’s post-consultation approach combines narrower reporting requirements with more time to implement them. The key comparison is between the consultation proposals and the refined package: selected data demands are reduced, some reporting is integrated or streamlined, and the first new reference date moves to December 2027, with selected areas deferred to December 2028. The next decisive documents are the final ITS report, the technical package and the eventual adoption process.
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This article is informational and does not replace financial, investment or mortgage advice.
Sources
- European Banking Authority – Press releases — The EBA outlines next steps on supervisory reporting simplification and extends implementation timelines following consultation feedback on the ITS (11/06/2026)
- European Insurance and Occupational Pensions Authority – News — EIOPA risk dashboard highlights market and cyber risks as key concerns for Europe’s insurers (10/29/2026)
