EBA seeks feedback on new AML, TCB reporting framework
The European Banking Authority (EBA) has published a draft technical package for version 4.3 of its reporting framework, covering anti-money laundering (AML) and third country branches (TCB) reporting. It invites stakeholders to provide feedback on the package and an accompanying glossary.
New standards for TCBs and AMLA
The draft technical package for release 4.3 introduces two significant new reporting requirements.
New Implementing Technical Standards (ITS) will govern the supervisory reporting of third-country branches (TCB), as mandated by Article 48l(1) of the Capital Requirements Directive (CRD).
The first reference date for these TCB reports is 31 March 2027.
A new Data Point Model (DPM) and XBRL taxonomy will also support the methodology for identifying obliged entities falling under the direct supervision of the Anti-Money Laundering Authority (AMLA).
The initial reference date for this AMLA-related reporting is 31 December 2026.
This AMLA package should be reviewed in conjunction with templates and instructions published by AMLA for its testing and calibration exercise.
These updates aim to enhance supervisory oversight and data consistency across the European banking sector.
Early release for timely preparation
The EBA's early release of this draft technical package aims to provide reporting entities with additional implementation time.
This proactive step supports institutions in preparing for upcoming changes well ahead of the final publication, scheduled for June 2026.
It also enables the EBA to gather crucial early feedback from stakeholders, which will inform any necessary amendments.
Stakeholders are invited to submit comments on the draft technical package 4.3 and the new glossary by 10 May 2026, using the EBA feedback form.
The final package will include additional elements, notably two tables related to the AMLA framework (AML.01.01 and AML.01.02), as well as further validation rules for AML reporting.
Compliance burden continues to grow
This technical package, while seemingly routine, underscores the continuous tightening of regulatory oversight in the European financial sector.
It signals an increasing compliance burden for banks, particularly concerning cross-border operations and anti-money laundering efforts.
Institutions must proactively engage with these drafts to ensure their systems are ready for the evolving data demands.