Reporting relief pushes new requirements back to December 2027
Banks will first report under simplified European Banking Authority (EBA) requirements in December 2027, with selected areas deferred until December 2028. The EBA plans to publish its final draft Implementing Technical Standards in December 2026.
Fewer fields and longer deadlines
Following consultation feedback, the EBA plans simpler templates, lower reporting frequencies, clearer instructions and closer alignment with disclosures.
It will reduce collateral, stress-testing and ESG reporting and remove selected thresholds.
Credit risk and IFRS 9 benchmarking will enter the supervisory reporting framework, with streamlined IFRS 9 requirements and more consolidated-level reporting.
Granular operational risk loss reporting will have fewer fields.
A separate stress-testing module will have its own submission timelines and frequencies and fewer data points.
Liquidity, asset encumbrance, supervisory benchmarking and ESG reporting are deferred until December 2028.
Banks will have at least one year to implement the requirements.
Existing rules bridge the transition
The EBA will submit the final draft to the European Commission for adoption.
A technical package with the data point model, taxonomies and validation rules follows in early 2027.
Meanwhile, banks must follow the IFRS-18 reporting opinion and consider EBA guidance on FRTB application from January 1, 2027.
Existing operational risk loss templates remain in use, covering only data unaffected by the new granular taxonomy.
Credit risk and IFRS 9 benchmarking participants must continue using the 2026 benchmarking standards.
Relief extends beyond templates
Supervisors have committed to reducing duplicate national requests, while retaining access to other necessary data.
The EBA plans data-request guidelines by end-2026 and a public repository in Q1 2027.
Further change-management proposals follow in the first half of 2027, extending the effort beyond template reductions.