The European Banking Authority (EBA), the EU’s independent banking regulator, has unveiled a sweeping package of measures intended to significantly streamline supervisory reporting obligations for banks across the bloc.
The centrepiece of the proposals is a reduction of approximately 50% in the number of data points required under the EU’s harmonised reporting framework — even accounting for additions stemming from new requirements tied to IFRS 18, ESG and the Fundamental Review of the Trading Book (FRTB).
The revised Implementing Technical Standards (ITS) on supervisory reporting and supervisory benchmarking reporting are now open for public consultation until 10 July 2026, with IFRS 18-related requirements subject to an earlier deadline of 10 May 2026.
Under the proposed revisions, the EBA would also integrate separate EU-wide stress testing and supervisory benchmarking data collections into regular reporting. The authority says this consolidation would cut duplication, improve consistency and bring greater stability to reporting requirements over time.
Proportionality would be strengthened in particular for small and non-complex institutions (SNCIs). To improve transparency and coordination at a European level, the EBA intends to establish an EU-wide public repository of both European and national supervisory data requests, and to issue guidance on best practice for data requests. The current package includes an initial overview of national supervisory data collections and the simplification work already under way by competent authorities.
The EBA is the EU body responsible for ensuring sound and consistent prudential regulation and supervision across the European banking sector. It develops technical standards and guidelines that form part of the EU’s single rulebook for banking.
The proposed changes are set to come into effect from September 2027. In the lead-up to that date, the EBA plans to support implementation through sustained stakeholder engagement, including public consultations, hearings and a dedicated workshop. The measures form part of the EBA’s broader work towards integrated prudential and statistical reporting, underpinned by a shared data dictionary developed through the Joint Bank Reporting Committee (JBRC). They also draw on modern data modelling approaches, including Data Point Model (DPM) 2.0 standards and DPM Studio.
Incoming EBA chair François-Louis Michaud said, “With this unprecedented simplification package, the EBA is proposing very concrete changes to make supervisory reporting considerably simpler, smarter and more proportionate. The new approach would reduce unnecessary burden while preserving the quality and relevance of the information supervisors need. It should also support easier data sharing and more integrated reporting across Europe.”
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