On 16 June 2025, the European Banking Authority (EBA) published:

  • Final report on draft technical standards on business indicator mandates for operational risk. The technical standards comprise:
    • Regulatory technical standards (RTS) on the components of the business indicator under Article 314(9)(a) of the Capital Requirements Regulation (CRR) and the elements to be excluded from the business indicator under Article 314(9)(b) of the CRR and on the adjustments to the business indicator under Article 315(3)(a), (b) and (c) of the CRR.
    • Implementing technical standards (ITS) on the mapping of the business indicator components with corresponding supervisory reporting references under Article 314(10) of the CRR.
  • Final report on draft ITS supervisory reporting for operational risk (CRR3 – phase 1).
  • IT solutions – instructions for operational risk and all templates – clean.
  • IT solutions – instructions for operational risk and all templates – track changes.

Background

The CRR 3 includes amendments to the operational risk area, where a revised framework is introduced and all previously existing approaches for the calculation of regulatory capital are replaced by the business indicator component.

The final reports and IT solutions follow an earlier consultation that the EBA conducted which closed on 21 May 2024. Respondents to the consultation provided a significant number of comments on all of the draft technical standards. The final reports deal predominantly with aspects pertaining to the policy reasoning behind the decisions made and only answers reporting-related points where this is of the essence for a sound application of the policy stances.

Next steps

The draft RTS will be submitted to the European Commission (Commission) for endorsement, following which they will be subject to scrutiny by the European Parliament and the Council before being published in the Official Journal of the European Union.

After the submission of the final draft ITS to the Commission for adoption, the EBA will publish on the website the IT tools, including binding instructions. The EBA will publish during Q4 2025 a technical package, including the data point model, validation rules and taxonomy, that shall be used by institutions to submit this supervisory reporting information to supervisors. The first applicable reference date for reporting under the draft ITS is 31 March 2026.

An updated version of the mapping tool between supervisory reporting and disclosure requirements for operational risk will also be published soon.