The EBA publishes draft on reporting amendments

The European Banking Authority (EBA) has published its draft on amended technical standards on the delivery of information for resolution planning reporting.

These changes, which the regulator describes as “minimal”, are designed to re-align the standards with the Bank Recovery and Resolution Directive (BRRD). The regulation had changed the minimum requirement for own funds and eligible liabilities and eliminated obstacles at the technical level that hindered compliance.

Now the draft has been published, the regulator will submit it to the European Commission. If approved it could be implemented from 31 December 2021.

One of the changes includes amending technical standards and provisions on the unique keys for reporting information. It also made corrections to references and updated the list of Deposit Guarantee Schemes.

Read the full report here.

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