EBA Roadmap on EU Banking Package: Supervisory reporting and disclosure

On 27 October 2021, the European Commission (EC) published its legislative proposal for the ‘EU Banking Package 2021’(CRR3/CRD6). After almost two years of review, amendments and negotiations among the EU co-legislators, CRR3 and CRD6 were finally adopted and published in the Official Journal of the EU on 19 June 2024 . The final texts confirm the anticipated implementation date of January 1, 2025.

As a result of the new EU Banking Package, there have been updates to the supervisory reporting and Pillar 3 disclosure requirements for financial institutions. To support the implementation of these requirements, the EBA published (or will publish) Implementing Technical Standards (ITS), reports and guidelines as part of the EBA Roadmap.