EBA Simplification Package 2026 Reforms Supervisory Reporting
The European Banking Authority (EBA) has proposed significant changes to supervisory reporting technical standards. The package aims to reduce reporting burdens while integrating new regulatory requirements.
On April 10, 2026, the European Banking Authority (EBA) initiated a major revision of the Implementing Technical Standards (ITS) on supervisory reporting with the publication of consultation package EBA/CP/2026/07. The proposed changes aim to reduce reporting burdens for financial institutions and integrate new regulatory requirements, including those from IFRS 18 and updated market risk and ESG regulations.
The reform includes simplifying existing requirements by removing dispensable data points and reporting templates that overlap with other requirements. The frequency and scope of certain reports are also being adjusted. For example, liquidity monitoring metrics for smaller, non-complex institutions will move to quarterly reporting, and leverage ratio reporting will transition to annual for some elements, easing the compliance load.
Simultaneously, the package introduces new and expanded reporting obligations. Significant revisions to FINREP templates are driven by the IFRS 18 accounting standard, affecting income statement and balance sheet reporting. New templates for ESG risks are also being established, tailored to different institution categories. Furthermore, the framework will incorporate requirements from the Fundamental Review of the Trading Book (FRTB).
The consultation period closes on July 10, 2026. Reporting under the revised framework is expected to commence from the reference date of September 30, 2027. This reform represents a significant effort to harmonize and streamline supervisory reporting across the EU banking sector.