The European Banking Authority (EBA) has published for consultation revised Implementing Technical Standards (ITS) on supervisory reporting. The proposed amendments concern new requirements for the reporting of information on sovereign exposures and changed requirements for the reporting of operational risk data.
The deadline for comments on the consultation is 7 January 2017. The envisaged date for finalisation of the draft ITS (and submission to the European Commission) is March / April 2017, with the application of the revised reporting requirements in March 2018 (reporting reference date 31 March 2018). Therefore, the expected implementation period for the proposed changes is approximately 1 year.
View EBA consults on revised standards on supervisory reporting, 14 November 2016