August 10, 2026

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August 10, 2026

Newsletter

The European Post

Policy • Diplomacy • Strategic Insight

LATEST
Five Joint Defence Projects Launch Europe’s Military ShieldElectrification Plan Aims to Make Europe First Electro ContinentHorizon Europe Budget Fight Heats Up as Ministers Push BackGoogle’s DMA Fine Sets Off a Transatlantic Tariff ClashTwenty New University Alliances Join Erasmus for Two YearsForeign Subsidies Case Puts Temu in the EU’s SightsVan Tachographs Now Mandatory for Cross-Border FleetsStress Test Exposes Gaps in Euro Area Bank DefencesEurope Bets on a Gulf Partnership Before the Riyadh SummitWhy the Atlantic Route Now Runs Through MauritaniaKyiv and Chisinau Advance as the EU Accession Talks Gather PaceEurope’s New Digital Border System Beds In After a Rocky RolloutBrussels Mounts Its Largest Wildfire Response as the Fires SpreadRetail Spending Slipped in June, Wrong-Footing EconomistsHeatwave Warning Puts Brussels on Alert for Vulnerable GroupsKANAL’s 230 Million Euro Museum Sets a November Opening DatePension Savings Rules Get a Reset as the EU Scraps the 1% CapMedicine Shortages Move to the Heart of Europe’s Pharma ResetJapan Becomes Europe’s Closest Security Partner in AsiaCan Europe’s New Zealand Deal Anchor It in the Pacific?Five Joint Defence Projects Launch Europe’s Military ShieldElectrification Plan Aims to Make Europe First Electro ContinentHorizon Europe Budget Fight Heats Up as Ministers Push BackGoogle’s DMA Fine Sets Off a Transatlantic Tariff ClashTwenty New University Alliances Join Erasmus for Two YearsForeign Subsidies Case Puts Temu in the EU’s SightsVan Tachographs Now Mandatory for Cross-Border FleetsStress Test Exposes Gaps in Euro Area Bank DefencesEurope Bets on a Gulf Partnership Before the Riyadh SummitWhy the Atlantic Route Now Runs Through MauritaniaKyiv and Chisinau Advance as the EU Accession Talks Gather PaceEurope’s New Digital Border System Beds In After a Rocky RolloutBrussels Mounts Its Largest Wildfire Response as the Fires SpreadRetail Spending Slipped in June, Wrong-Footing EconomistsHeatwave Warning Puts Brussels on Alert for Vulnerable GroupsKANAL’s 230 Million Euro Museum Sets a November Opening DatePension Savings Rules Get a Reset as the EU Scraps the 1% CapMedicine Shortages Move to the Heart of Europe’s Pharma ResetJapan Becomes Europe’s Closest Security Partner in AsiaCan Europe’s New Zealand Deal Anchor It in the Pacific?

EBA Moves To Halve EU Bank Reporting Burden By 2027

Jalo Virtanen
Deputy Editor

Paris: The European Banking Authority (EBA) is pressing ahead this June with a sweeping plan to simplify EU bank supervisory reporting, with its public consultation on revised Implementing Technical Standards running until 10 July 2026 and a hearing on benchmarking data set for 24 June. The package would cut the number of data points banks must report by roughly half, the regulator’s most ambitious attempt yet to ease a burden lenders have long called duplicative.

What the EBA simplification package does

The EBA wants supervisors to keep the information they need while stripping out overlap. Its proposals would reduce the data points across the EU’s harmonised reporting framework by around 50%, even as new requirements tied to IFRS 18 accounting, ESG disclosures and the Fundamental Review of the Trading Book are folded in.

  • Separate EU-wide stress-test and supervisory-benchmarking data collections would be merged into regular reporting to cut overlaps.
  • Small and non-complex institutions would gain stronger proportionality through a ‘core plus supplement’ approach.
  • The EBA would build a public repository of European and national data requests and issue best-practice guidance.

Why banks have pushed for change

Lenders across the bloc have argued for years that EU supervisory reporting is excessively complicated and costly, with overlapping templates that duplicate data already held elsewhere and divert staff from lending at a time when the EU faces a large investment gap. Industry groups have pressed the Commission and the EBA for relief as competitiveness has climbed the policy agenda. The simplification drive answers that complaint, though the EBA stresses it will not weaken the quality of information supervisors rely on to judge banks’ financial soundness, and warns that lighter rules will still demand a rethink of how banks source and govern data.

Regulator’s view

With this unprecedented simplification package, the EBA is proposing very concrete changes to make supervisory reporting considerably simpler, smarter and more proportionate. The new approach would reduce unnecessary burden while preserving the quality and relevance of the information supervisors need. — François-Louis Michaud, EBA Chair.

What happens next

Responses can be submitted through the consultation on the ITS on supervisory reporting, with the main deadline on 10 July 2026. The proposed changes would apply from September 2027, giving banks more than a year to adapt their data systems.

Background

EU supervisory reporting rules are set out in Commission Implementing Regulation (EU) 2024/3117. The simplification builds on the EBA’s 2021 study on the cost of compliance and its 2025 report on the efficiency of the regulatory framework, and feeds the broader push for integrated prudential and statistical reporting under the Joint Bank Reporting Committee. It runs in parallel with debate over the CRR III capital rules, where regulators have streamlined reporting without easing overall capital requirements, a stance that has drawn criticism from lenders.

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