On Mar. 20, 2025, EU EBA issued update re Reporting Framework 4.1, stating that supervisory benchmarking for market risk has been removed as there is no need to change the current technical package; 4.1 is now expected to apply from Jun. 2025.
Also updated that Pillar 3 templates expected first reference date still expected to be Jun. 2025, with transitional arrangements as envisaged in Article 9 of final draft ITS.
Expected first reference date for instant payments reporting is now Apr. 2026.
On Nov. 22, EBA issued details on Reporting Frameworks 4.1 and 4.2.
EBA published two new webpages containing information of the new and amended reporting in forthcoming Reporting Framework 4.1 and Reporting Framework 4.2.
Reporting Framework 4.1
Framework is expected to apply from Apr. 2025, on supervisory benchmarking will see changes to Implementing Technical Standards (ITS) on Supervisory Benchmarking, including new templates on risk measure benchmarking, minor credit risk changes.
Under Markets in Crypto-Assets (MiCA) Regulation will collect data that competent authorities will need for purpose of their supervisory tasks, significance assessment.
Pillar 3 templates including in the comprehensive ITS on Pillar 3 disclosures, for the purpose of the Pillar 3 data hub; and integration of instant payments ITS into DPM and taxonomy, to standardize reporting from payment services providers to authorities.
Reporting Framework 4.2
Framework is expected to apply from Dec. 2025, includes new and amended reporting requirements re comprehensive revision of reporting ITS on resolution planning.
On operational risk (COREP OF), additional reporting requirements in relation to CRR3/CRD6 in COREP regarding operational risk own funds requirements.
This will be finalization of reporting package consulted on in Feb. 2024, see #201795.
And complementing the reporting requirements defined in the ITS on supervisory reporting changes related to CCR3/CRD6 in step 1 (submitted to the EU CMSN).
Also changes to MREL decisions ITS from national resolution authorities to EBA.
Mar. 2025 Updates re Frameworks 4.1 and 4.2
On Mar. 20, 2025, EU EBA issued update re Reporting Framework 4.1, stating that supervisory benchmarking for market risk has been removed as there is no need to change the current technical package; 4.1 is now expected to apply from Jun. 2025.
Also updated that Pillar 3 templates expected first reference date still expected to be Jun. 2025, with transitional arrangements as envisaged in Article 9 of final draft ITS.
Expected first reference date for instant payments reporting is now Apr. 2026.
