EBA consults on simplification of supervisory reporting framework under CRR

The European Banking Authority (EBA) has announced a series of measures, including publishing two consultation papers, to simplify the supervisory reporting framework under the EU Capital Requirements Regulation (CRR). The aim is to deliver a simpler, smarter and more proportionate framework. The deadline for comments on both consultation papers is 10 July, except for IFRS 18-related changes in FINREP in the first consultation, where the deadline is 10 May.

• A first consultation paper (EBA/CP/2026/07) proposes revisions to the implementing technical standards (ITS) on supervisory reporting set out in Commission Implementing Regulation (EU) 2024/3117.The proposals are set out in a modular format, with each module accessible from a webpage, and combine regulatory driven amendments—including adoption of IFRS 18, the integration of environmental, social and governance (ESG) risks into prudential supervision and the forthcoming application of the revised market risk framework under the Fundamental Review of the Trading Book—with a broad set of simplification measures aimed at reducing reporting costs and complexity, particularly for small and non complex institutions. The proposed simplification measures focus on reducing data points and templates, adjusting reporting frequency and scope, enhancing proportionality for small and non complex institutions (SNCIs), expanding the use of a "core plus supplement" approach, integrating parallel data collections at the EBA level, such as stress testing and supervisory benchmarking, improving alignment of definitions and qualitative elements and harmonising and integrating into the EBA reporting framework reporting requirements now requested at national/jurisdictional level. In addition, the adoption of IFRS 18 on presentation and disclosure in financial statements requires amendments to FINREP reporting.

• A second consultation paper (EBA/CP/2026/08) consults on draft ITS amending the ITS on supervisory reporting regarding credit risk (CR) and IFRS 9 benchmarking reporting, together with draft instructions and templates. The EBA explains that, up to 2026 (with reference date 31 December 2025), CR and IFRS 9 benchmarking templates were set out in separate ITS. From 2027, the EBA is proposing to simplify and integrate those templates into the ITS on supervisory reporting. In addition to this integration, the following changes are suggested:
  • For CR, the proposals include significant revisions driven by the CRR 3 and CRD VI, and a reduction in the number of data points to be reported. It is also envisaged to limit the reporting requirement to the highest level of consolidation at the EU level for banking groups, and on an individual basis for standalone institutions. However, this may be revisited during the consultation.
  • For IFRS 9, the EBA proposes merging the templates with the CR templates using separate sub templates.
• The EBA will also develop the data-point model, XBRL taxonomy and validation rules based on the final draft amending ITS. The first reporting is aimed for the 2027 exercise (December 2026 reference date). However, anticipating possible delays in the timeline, it is possible that alternative, fall back solutions will have to be taken into consideration. A public hearing on the second consultation will take place on 24 June.

The EBA has separately published a report on the simplification of supervisory reporting and an overview of the data requests and simplification actions by competent authorities.

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