The European Banking Authority (EBA) announced on 6 November 2026 the next steps for finalizing proposals to simplify EU supervisory reporting. The EBA will publish the final report on the draft Implementing Technical Standards (ITS) regarding supervisory reporting in December 2026.
The EBA relies on the draft Implementing Technical Standards (ITS) for supervisory reporting. The specific article or section cited is not provided in the material.
This initiative applies to all regulated entities that are subject to supervisory reporting requirements. The EBA aims to introduce simplification measures and greater proportionality to reduce reporting costs while maintaining necessary information for effective supervision.
The final report is expected to be published by 1 December 2026. No specific transitional periods, exemptions, or carve-outs are mentioned in the material.
The EBA's proposals aim to ease the compliance burden for financial institutions, reflecting feedback from the banking industry during the public consultation process.