The European Banking Authority (EBA) has published updated final draft implementing technical standards (ITS) on resolution planning reporting, revising how institutions provide information for resolution plans. The update aims to fully harmonise EU reporting requirements, reduce duplication of data requests, and lower compliance costs, with proportionality built into the redesigned framework. The revised ITS streamline and simplify datapoints, improve the usability of information collected by resolution authorities, and reflect recent developments in resolution planning and crisis preparedness. Key changes include measures to relieve entities from parallel data collections stemming from different legal obligations, a modular core-plus-supplement approach that narrows reporting for certain categories of entities based on size and complexity, and removal of overlapping datapoints where the same information is already submitted through MREL/TLAC, CoRep or FinRep. The ITS are intended to repeal the Commission’s Implementing Regulation (EU) 2018/1624 and are accompanied by EBA-developed IT solutions, including templates and instructions published on the EBA website. During Q4 2025, the EBA plans to publish a technical package comprising the data point model, validation rules and taxonomy for institutions’ submissions to resolution authorities.
European Banking Authority 2025-05-07
European Banking Authority updates draft technical standards to streamline and harmonise EU resolution planning reporting
The European Banking Authority released updated final draft implementing technical standards on resolution planning reporting to harmonise EU requirements and reduce compliance costs. The revisions streamline data points, improve usability, and incorporate a modular approach based on entity size and complexity. The standards will repeal the Commission’s Implementing Regulation (EU) 2018/1624 and include EBA-developed IT solutions.