30 July 2014
The European Banking Authority (EBA) published today its Final draft Implementing Technical Standards (ITS) amending the Commission's Implementing Regulation (EU) No 680/2014 on supervisory reporting under Regulation (EU) No 575/2013 of the European Parliament and of the Council. These final draft ITS include minor changes to templates and instructions which the EBA deemed necessary to publish in order to reflect some of the answers published in its Single Rulebook Q&As, as well as to correct legal references and other clerical errors. The amendments are expected to be applicable for reporting as of December 2014.
To help users better understand the amendments, the EBA also published a version of the Annexes 1 to 7 of this Final ITS in track-changes.
While validation rules and Data Point Model are expected to no longer be part of the ITS on Supervisory reporting of institutions (due to the proposed deletion of Annexes 14 and 15), they will remain available for download on the EBA's website along with the applicable taxonomy, the publication of which is expected in August.
The EBA is required to develop Implementing Technical Standards specifying supervisory reporting in the area of own fund requirements and financial information (Article 99 of Regulation (EU) No 575/2013), of losses stemming from lending collateralized by immovable property (Articles 101(4)(a) of Regulation (EU) No 575/2013) and of large exposures and other largest exposures (Article 415 of Regulation (EU) No 575/2013). This publication comes as an update to the publication of Regulation (EU) No 680/2014 – ITS on Supervisory Reporting of institutions published in the Official Journal of the European Commission on 28/06/2014.