EBA Sets Out Final Reporting Framework for Third-Country Branches Under CRD VI

The European Banking Authority has released its final report on draft implementing technical standards for the supervisory reporting of third-country branches under the Capital Requirements Directive VI. The authority said the new reporting package is designed to provide supervisors with high-quality information while ensuring proportionality, clarity, and operational feasibility for reporting institutions.

The framework introduces uniform reporting formats, harmonized definitions, and consistent reporting frequencies, aiming to deliver comprehensive and comparable data collection across the European Union. According to the report, the final version reflects feedback gathered during the public consultation process and incorporates targeted enhancements and simplifications. These changes include postponing the first reporting reference date to March 31, 2027, extending certain remittance deadlines, and streamlining templates and instructions. “The reporting package aims to provide supervisors with high quality information while ensuring proportionality, clarity and operational feasibility for reporting entities,” the authority stated.

Under the new framework, third-country branches will be required to submit two sets of reporting templates, covering both branch-level financial and regulatory information and data at the level of the head undertaking. The structure follows a proportionate core-and-supplement approach, which remains a central feature of the reporting regime. Smaller and less complex branches will provide a core set of key data, while larger and more complex entities will be required to submit additional and more detailed information. The EBA said the approach is intended to balance supervisory needs with the operational burden placed on reporting institutions.

Looking ahead, the authority confirmed that the report will now be submitted to the European Commission for further consideration. In parallel, the EBA will continue developing the supporting technical infrastructure, including the data point model, XBRL taxonomy, and validation rules, which form part of the framework’s implementation. The full technical package is expected to be published in the second quarter of 2026.

The new reporting requirements are scheduled to apply from March 31, 2027, marking a key milestone in the implementation of the updated regulatory framework for third-country banking operations in the European Union.

By fLEXI tEAM