EBA pushes new supervisory reporting to December 2027, some areas to 2028

The European Banking Authority (EBA) will postpone the first reference date for new supervisory reporting requirements to December 2027, with liquidity, asset encumbrance, supervisory benchmarking and ESG reporting deferred until December 2028. The Magyar Nemzeti Bank said on 6 November 2026 that the EBA is still finalising the package after consultation feedback. The EBA will publish its final report in December and submit it to the European Commission for adoption.

The changes are not yet final technical standards or current reporting obligations. Banks should continue filing under the existing framework during the transition, while preparing for at least one year of implementation after the new requirements are adopted. The EBA's consultation page records that consultation on the draft revised Implementing Technical Standards (ITS) ran from 10 April to 10 July 2026.

What the package would change

The EBA says consultation responses and industry workshops led it to refine the proposals to deliver a "tangible reduction" in reporting requirements. The package will include:

- fewer or simplified templates, clearer instructions, reduced reporting frequencies and closer alignment with disclosure requirements;
- reduced collateral, stress-testing and ESG reporting, including removal of selected reporting thresholds;
- integration of credit risk and IFRS 9 benchmarking into the supervisory reporting framework, with substantially streamlined IFRS 9 requirements and a stronger focus on consolidated-level reporting;
- simplified granular operational-risk loss reporting, with fewer data fields; and
- a separate stress-testing reporting module with its own remittance timelines and frequencies, fewer requirements and selected data points removed.

The EBA's simplification programme forms part of a wider effort to reduce complexity and apply proportionality while preserving financial stability. It follows the authority's 1 October 2025 efficiency report, which identified reporting burden as one of four areas for reform.

For reporting teams, the timetable is as important as the reduced templates. The first reference date for new requirements will be December 2027. Selected areas, including liquidity, asset encumbrance, supervisory benchmarking and ESG, will not start until December 2028. The EBA will publish the accompanying data point model, taxonomies and validation rules in early 2027.

What banks must do meanwhile

During the transition, institutions should continue following the EBA's Opinion on IFRS-18 reporting and take account of the EBA's considerations on applying the Fundamental Review of the Trading Book from 1 January 2027.

For operational-risk losses, banks should continue reporting the existing templates, but only data unaffected by the new granular operational-risk taxonomy. Institutions covered by the supervisory benchmarking exercise should continue using the 2026 ITS on supervisory benchmarking for credit risk and IFRS 9.

The EBA and national competent authorities, including Hungary's MNB, also intend to reduce overlapping national data requests where equivalent information is already collected through EBA reporting. The EBA expects to publish guidance on designing supervisory and resolution data requests by the end of 2026, launch an EU-wide repository of such requests in the first quarter of 2027, and present further reporting change-management proposals in the first half of 2027.

The final ITS report is due in December 2026. Until the Commission adopts the package, banks remain subject to the existing reporting requirements.