The European Banking Authority (EBA) today published a Discussion Paper on certain key performance indicators (KPIs) and other aspects of the Disclosures Delegated Act, under Article 8 of the Taxonomy Regulation. The aim is to consult the public on potential measures to simplify and enhance the usability of information disclosed by credit institutions and investment firms. The consultation is open until 12 August 2026.

In March 2026, the EBA together with other European Supervisory Authorities (ESAs), received a targeted Call for Technical Advice[1] from the European Commission on Taxonomy disclosures. The ESAs' input will support the European Commission's forthcoming review of the Taxonomy Disclosures Delegated Act and contribute to the broader simplification efforts initiated under the Omnibus Delegated Act.

The Discussion Paper represents the first step in the EBA's response to the European Commission's Call for Advice, and outlines preliminary assessment and proposals on:

1. simplifying the Fees and Commission's KPI, Trading Book KPI and Off-balance sheet exposures KPI for credit institutions;
2. simplifying the 'other services' KPI for investment firms;
3. aligning grandfathering provisions for financial instruments under Taxonomy disclosures with those set out in the EU Green Bond Regulation;
4. clarifying and improving group-level disclosures, including disclosures by parent undertakings and other undertakings within the group; and
5. the treatment of operational expenditure KPI disclosed by non-financial undertakings in the calculation of financial undertakings' KPI.

In this Discussion Paper the EBA addressed the specific issues within its remit and coordinated with the European Insurance and Occupational Pensions Authority (EIOPA) and the European Securities and Markets Authority (ESMA) on issues of cross-cutting nature affecting a wider group of undertakings, as specified in the European Commission's request.

EIOPA and ESMA conducted consultations in parallel on the same subject, within their respective areas of competence. The EIOPA consultation is accessible here, while the ESMA's consultation can be found here.

The ESAs will continue to cooperate closely in developing their advice and submit their responses to the European Commission in October 2026.

Consultation process

Comments to this Discussion Paper can be sent to the EBA by clicking on the "send your comments" button on the discussion page. Please note that the deadline for the submission of comments is 12 August 2026. All contributions received will be published following the end of the consultation, unless requested otherwise.

A public hearing will take place virtually in the form of a webinar on Thursday 16 July from 13:30 to 15:00 CEST. Please register here by 13 July 16:00 CEST.

All comments received will be published following the end of the public consultation, unless requested otherwise.