Brussels: Banks that pose no material resolvability concerns will report to the Single Resolution Board on a slower schedule from 2027, under a new SRB reporting cycle announced on 7 October 2026. The SRB published the change in its list of consultations and requests to the industry for 2027, and it says those lenders will submit bank-specific deliverables every three years instead of annually.

The new SRB reporting cycle answers a long-standing complaint from the sector. Banks have argued that resolution planning produces a steady flow of data requests, many of which repeat information that has not changed. By linking the SRB reporting cycle to the outcome of each resolvability assessment, the Board rewards institutions that have already shown they are prepared for a failure.

The Board expects the change to reduce bank-specific requests by up to one third each year over the medium term, provided the legal framework stays stable. Where a deliverable is still current, a bank can confirm that fact instead of resubmitting the document. The Board also ended the quarterly sign-off form on the MREL eligibility of reported liabilities with immediate effect.

The list sets out the main dates for 2027 under the revised SRB reporting cycle. Quarterly MREL-TLAC and MREL monitoring reports fall due on 18 February, 19 May, 18 August and 18 November. Table 2.2 deliverables are due on 31 December 2027 unless a priority letter says otherwise, the funding plan is due on the same date, and the resolvability self-assessment report follows on 31 January 2028.

Two consultations are planned for the second quarter of 2027, covering an update of MREL policy and a workshop on the bail-in playbook. Contribution data for the Single Resolution Fund will be collected from 1 November 2026 to 1 February 2027. In February 2027 the Board will also check whether the fund has reached at least 1 percent of covered deposits as at 31 December 2025.

The SRB stresses that the new SRB reporting cycle creates no new requirements or obligations. Specific requests still reach each bank through priority letters, so the document works as a planning calendar rather than a rulebook. That distinction matters for compliance teams, which need to budget staff time long before a letter arrives.

The announcement fits a wider push for simplification in European financial regulation. SRB Chair Dominique Laboureix told the European Parliament’s ECON Committee in July that simplification, competitiveness and crisis preparedness belong together. A lighter SRB reporting cycle for healthy banks lets the Board focus its scrutiny on institutions where resolution would be hard.

Questions remain about how the Board will treat banks whose assessments change. A lender that loses its favourable status could face a return to annual submissions, and supervisors will want early warning of that risk. For now, the SRB reporting cycle offers measurable relief to well-prepared banks, and it will test whether less frequent reporting can sit alongside the Banking Union’s demand for crisis readiness.