On 10 August 2020, the European Banking Authority (EBA) published a final report concerning draft implementing technical standards (ITS) on supervisory reporting by institutions under the Capital Requirements Regulation (CRR), accommodating the CRR 2 and the CRR quick fix.
The CRR quick fix introduces amendments to regulatory requirements that have an impact on the supervisory reporting framework v3.0. Many of the amendments of the CRR quick fix are reflected in the new ITS on supervisory reporting under the CRR (ITS for version 3.0, EBA/ITS/2020/05) but there is a need to further amend the ITS to accommodate minor technical changes on own funds, non-performing exposures backstop and leverage ratio. The EBA is amending the published version of the reporting framework v3.0 to provide clarification and help institutions to implement the reporting requirements that are linked to the regulatory measures adopted in the context of the pandemic.
Due to the urgency of the matter and the need to provide the credit institutions with the maximum possible time to prepare themselves for this revised version of the reporting requirements, the EBA decided not to carry out public consultations or a cost-benefit analysis in this case.