The European Banking Authority (EBA) launched a public consultation on draft Implementing Technical Standards (ITS) to harmonise supervisory reporting for third-country branches under the Capital Requirements Directive, setting uniform formats, definitions and reporting frequencies across the EU. The draft ITS introduce structured data collection covering both third-country branches and their head undertakings to support more consistent oversight and address divergent national reporting approaches. New templates are intended to provide supervisors with a clearer view of branches’ financial soundness, risk exposures and intra-group dependencies, using a proportionate “core + supplement” model to align reporting requirements with each branch’s systemic relevance. The consultation closes on 31 October 2025, with a public hearing scheduled for 5 September (registration deadline 2 September 2025). After finalising the ITS, the EBA plans to submit them to the European Commission by 10 January 2026, with the first reference date anticipated for December 2026.
European Banking Authority 2025-07-31
European Banking Authority consults on harmonised supervisory reporting for third-country branches across the EU
The European Banking Authority (EBA) has initiated a public consultation on draft Implementing Technical Standards to standardize supervisory reporting for third-country branches under the Capital Requirements Directive. The draft standards aim to harmonize formats, definitions, and reporting frequencies across the EU, enhancing oversight through structured data collection and new templates. This approach seeks clearer insights into financial soundness, risk exposures, and intra-group dependencies of branches.