XBRL International Inc.

04/17/2026 | News release | Distributed by Public on 04/17/2026 09:59

EBA consults on major simplification of supervisory reporting

Posted on April 17, 2026 by Editor

The European Banking Authority (EBA) recently launched what it is calling an "unprecedented simplification package" for EU supervisory reporting. The consultation proposes cutting the total number of data points in EU harmonised reporting by around 50%.

The proposals would absorb separate EU-wide stress test and supervisory benchmarking collections into regular reporting, strengthen proportionality rules for small and non-complex institutions (SNCIs), and establish an EU-wide public repository of supervisory data requests. New requirements for IFRS 18, ESG disclosures and the Fundamental Review of the Trading Book (FRTB) mean the net reduction is achieved against a backdrop of new additions. Changes are targeted for September 2027. The main consultation runs until 10 July, with an earlier deadline of 10 May for IFRS 18-related changes.

The package connects directly to the JBRC's broader work toward integrated prudential and statistical reporting.

Simplification that preserves data quality and comparability is hard to achieve; simplification that erodes them is worse than doing nothing. As incoming EBA Chair François-Louis Michaud put it, the goal is reporting that is "simpler, smarter and more proportionate," a formulation that neatly captures the balance that needs to be struck. We look forward to seeing the responses.

Read more and respond here.

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