On Wednesday 16 October 2019, the EBA issued a public consultation on a new ITS on supervisory reporting requirements for institutions. The reporting ITS will enable consistency in reporting and mapping between quantitative disclosure data and supervisory reporting, fostering greater transparency, comparability and compliance.
Integration between supervisory reporting and disclosure is the basis of the reform being proposed by the EBA. Key information in the reporting framework provides a view for supervisors and resolution authorities on the following areas:
- Risk Profile
- Operating model
In this paper, we share what this means for reporting institutions and the key upcoming deadlines.