The European Banking Authority (EBA) has published the final technical package for version 4.4 (Phase 1) of its supervisory reporting and disclosure framework.
The regulatory release focuses on enabling early compliance with International Financial Reporting Standard 18 (IFRS 18) requirements, updating Pillar 3 environmental, social, and governance (ESG) disclosure rules, and streamlining reporting costs for European credit institutions.
Phase 1 incorporates feedback from the July 2026 stakeholder review and updates the Data Point Model (DPM), validation rules, and Extensible Business Reporting Language (XBRL) taxonomies.
A second implementation phase (Phase 4.4.1), slated for release in early 2027, will introduce broader supervisory reporting simplifications stemming from public consultations conducted between April and July 2026.
Key technical updates and reporting requirements include:
- Pillar 3 ESG & FRTB disclosures: Updated disclosure templates for ESG risks, equity exposures, and shadow banking activities, alongside selected Fundamental Review of the Trading Book (FRTB) reporting structures.
- IFRS 18 alignment: Introduction of a new Financial Reporting (FINREP) module for income and expense disclosures aligned with IFRS 18, supporting European Central Bank (ECB) data collection for less significant institutions (LSIs).
- AMLA anti-money laundering framework: Implementation of eligibility templates and updated reporting structures supporting the 2027 Anti-Money Laundering Authority (AMLA) risk assessment data collection.
- System refinements & taxonomy corrections: Technical updates to resolution planning, Minimum Requirement for Own Funds and Eligible Liabilities (MREL) templates, and third-country branch liquidity reporting (template E 09.02).
The package also includes targeted refinements to the DPM 2.0 glossary, an updated conversion mapping file between DPM 1.0 and 2.0 glossaries, and revised technical FAQs regarding third-country branch and AMLA reporting.
The EBA noted that a targeted technical “hotfix” may be issued in January 2027 to resolve any critical implementation issues identified by institutions prior to the next full release cycle.
