On 7 May 2025, the European Banking Authority (EBA) published its revised Implementing Technical Standards (ITS) on resolution planning reporting. This update represents a significant regulatory development intended to streamline data submissions, reduce duplication, and enhance harmonization across the EU’s financial sector. For affected institutions, the new ITS brings both opportunities for operational efficiency and immediate challenges for data governance and compliance readiness.
This blog unpacks the key changes introduced by the EBA, identifies the impacted firms, outlines the actions required, and explains how FinregE’s advanced Regulatory Reporting Module can support your firm in implementing these changes effectively.
Key Changes Introduced by the EBA
- Modular Reporting via Core-Plus-Supplement Framework
The EBA introduces a differentiated reporting structure. Smaller and less complex firms will provide only the “core” data, while larger or more systemic entities must submit both core and supplementary data points. - Elimination of Data Redundancy
The updated ITS removes overlapping reporting requirements with other frameworks (e.g., MREL/TLAC, CoRep, FinRep), helping reduce duplicative regulatory burdens. - Increased Data Granularity
Firms must now provide more detailed information on eligible liabilities, financial market infrastructure dependencies, group structures, and critical services—allowing authorities better resolution preparedness. - Earlier Submission Deadlines
The deadline for submitting certain resolution data, including organizational structures and liabilities, has been moved up to March 31 each year, promoting alignment with the new EBA reporting taxonomy and DPM (Data Point Model). - Lower Threshold for Reporting Scope
The materiality threshold for identifying Relevant Legal Entities (RLEs) has dropped from 5% to 2%, expanding the scope of resolution data submission across more group entities.
Impacted Firms
The updated ITS affects:
- EU-based banks and credit institutions.
- Investment firms of systemic importance.
- Entities designated as Relevant Legal Entities under the new 2% threshold.
- Liquidation entities, which must now provide limited resolution planning data even when not under simplified obligations.
- Institutions outside the Banking Union that were not previously aligned with SRB practices.
Key Dates for Implementation
- Q4 2025 – The EBA will release the Data Point Model (DPM), validation rules, and XBRL taxonomy.
- 31 December 2025 – First reporting reference date under the new ITS.
- 31 March 2026 – Initial report submission deadline for organizational and liability data.
Actions Firms Need to Take
- Review Applicability
Reassess which group entities now fall under reporting requirements due to the lowered RLE threshold. - Upgrade Internal Systems
Ensure your technology stack can accommodate increased data granularity, new templates, and the upcoming XBRL taxonomy. - Strengthen Accountability
Assign internal ownership for new reporting fields and compliance milestones. - Align with Authorities
Clarify expectations with your resolution authority and align internal timelines with the revised submission calendar. - Adopt Workflow and Change Management
Enhance control frameworks to monitor and respond to changes in resolution planning data obligations.
How FinregE Helps Firms Comply with the EBA’s Updated ITS
FinregE’s Regulatory Reporting Module is purpose-built to address the challenges introduced by evolving regulatory standards like the EBA’s ITS updates. Here’s how it helps:
Centralised Digital Reporting Repository
FinregE connects every regulatory report with its instructions and underlying rules in a single, accessible platform. This interlinked library ensures immediate access to the information needed for compliant, timely submissions.
Intelligent Search & Interpretation Tools
With smart search capabilities, firms can quickly find relevant reports, regulatory guidance, and associated FAQs—cutting through the complexity of large-scale reporting requirements.
Accountability & Traceability
FinregE allows firms to attach internal policies, control owners, and audit commentary directly to regulatory data, enabling complete traceability and stronger internal governance.
Dynamic Compliance Workflows
Using FinregE’s Regulatory Compliance Self-Assessment and Regulatory Change Viewer, firms can map controls to rules, assign tasks, receive automated alerts, and track implementation progress—all critical for resolution planning readiness.
Horizon Scanning & Regulatory Change Impact
With global monitoring and personalized alerts, FinregE ensures that firms are aware of and can respond swiftly to regulatory changes impacting resolution planning.
AI-Powered Interpretation (RIG)
FinregE’s AI engine, RIG, provides advanced regulatory insight by comparing instructions across similar reports and interpreting nuanced obligations. This is particularly valuable when dealing with new or complex templates like those in the EBA’s revised ITS.
Interactive Dashboards & Visualisation
Sophisticated visualization tools offer a clear, real-time view of compliance status, report submissions, and ongoing change initiatives.
Conclusion
The EBA’s updated ITS on resolution planning reporting presents a vital opportunity for firms to improve compliance efficiency while strengthening their readiness for resolution events. However, the changes also demand swift adaptation and technological capability.
FinregE’s Regulatory Reporting Module provides a robust, intelligent, and future-ready solution that helps institutions not only comply—but lead—in an increasingly complex regulatory environment.
Interested in seeing how FinregE can streamline your regulatory reporting process? Book a demo with our team today.
