The European Banking Authority (EBA) has announced that the European Commission (Commission) has adopted the Implementing Act amending Regulation (EU) No 680/2014 (Implementing Technical Standards on Supervisory Reporting) with regard to financial reporting following the changes in the International Accounting Standards (IFRS 9). Publication of the Implementing Act in the Official Journal of the EU is still pending. The amended requirements will apply as of 1 March 2018.

View European Commission adopts Implementing Regulation on ITS on supervisory reporting to reflect IFRS 9 changes to FINREP, 5 July 2017