On 9 July 2024, the EBA published its final report on the Final Draft Implementing Technical Standards (ITS) amending Commission Implementing Regulation 2021/451/EU on supervisory reporting mentioned in Art. 430(7) CRR concerning output floor, credit risk, market risk, operational risk, crypto-assets and leverage ratio. The ITS allow supervisors to monitor institutions’ compliance with the implementation of the latest Basel III reforms via Regulation 2024/1623/EU (CRR3) in the EU. The ITS also update the EBA supervisory reporting framework by including new or amended CRR3 requirements on, among others, the transitional treatment of exposures to crypto-assets. The ITS will eventually repeal Commission Implementing Regulation 2021/451/EU. The EBA will publish during Q4 2024 a technical package, including the Data Point Model (DPM), validation rules and taxonomy, which institutions must use to submit the relevant supervisory reporting information to supervisors.
