Regulatory Alerts2026-01-01
Final Report on draft ITS on the supervisory reporting of third country branches under CRD VI
The European Banking Authority issued this final report to establish draft Implementing Technical Standards for the supervisory reporting of third-country branches under the CRD VI framework. The standards mandate that supervised branches report financial and regulatory data, including information on their head undertakings, using standardized templates and frequencies that distinguish between Class 1 and Class 2 entities. Key implementation adjustments include a postponed initial reporting date of 31 March 2027 and streamlined templates designed to enhance proportionality and operational feasibility.
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