Reporting burden falls while key risk data remains
The European Banking Authority said on 6 November that its forthcoming supervisory-reporting package will include further simplification, greater proportionality and longer implementation timelines after consultation with the banking industry. Planned changes include streamlined templates and instructions, lower reporting frequencies, closer alignment with disclosure requirements and reduced collateral, stress-testing and ESG reporting. The EBA also plans to integrate credit-risk and IFRS 9 benchmarking into the supervisory framework while simplifying IFRS 9 submissions, narrow operational-risk loss fields and create a separate stress-testing module with its own schedules. The first reference date for new requirements is now expected in December 2027, with liquidity, asset-encumbrance, supervisory-benchmarking and ESG areas deferred until December 2028. The final report and draft implementing technical standards are due in December 2026, so institutions and their data suppliers should treat the current outline as confirmed direction rather than the finished rule text.
What it means for merchants
Banks, fintech partners and outsourced reporting providers should pause irreversible template work, map which data feeds remain necessary and use the extended timetable to improve lineage and controls before the final technical standards arrive.
Read the original announcement
European Banking Authority · 6 Nov 2026This brief summarizes the linked primary source. Claims and reported figures have not been independently audited by Payment Guide.