Banks’ data reporting

🚀 The sixth edition of the Banks’ Integrated Reporting Dictionary (BIRD) newsletter is out! 📌 In this edition, you will find: ·    An overview of the 2026–2027 BIRD Work Plan ·    Updates on the progress of the ESCB BIRD Operational Tasks project and the Joint Bank Reporting Committee ·    Insights on the integration of AnaCredit into BIRD ·    A reference to BIRD in the seventh edition of the Dialogue meeting between the ESCB and the banking industry 🏦 Are you a bank or market participant working on reporting solutions for the banking system and willing to contribute to BIRD? 🤝 Join the BIRD community and contact us at BIRD@ecb.europa.eu. 🔗 Learn more here: https://lnkd.in/etKxYZ3G #BIRD #ECB #IntegratedReporting #BanksDataReporting #SupervisoryReporting #RegulatoryData #DataQuality #BankingSupervision 

On the road for more simplification and streamlining of data quality checks of supervisory reporting! 🚀 We are pleased to inform you that with the latest release of the data quality checks applying to supervisory reporting (applicable as of March 2026 reporting), European Central Bank (ECB) is publishing the checks for the first time also in the standard format used for the European Banking Authority (EBA) validation rules💡. While the release in the new format is only a preview and is not meant to be used as a basis for implementation (yet), we look forward to eventually unifying the EBA and ECB data quality checks under the same standard language to streamline the overall data quality process🤝. 👉 Access the new release of the supervisory data quality checks here: https://lnkd.in/eMYcayfx 👇 The link to the EBA validation rules is available in the comments. #ECB #EBA #ECBBankingSupervision #Banking #Data #ReportingFramework

📢 We are pleased to announce the publication of the meeting materials from the 7th Banking industry dialogue on ESCB statistics and integrated reporting, held on 9 December 2025. 🤝 The event brought together representatives of the ESCB (including the European Central Bank and National Central Banks), the banking industry, the European Banking Federation, the European Banking Authority (EBA), the European Commission, and the Single Resolution Board. The agenda covered updates on: • Joint Bank Reporting Committee (JBRC), focusing on semantic integration, harmonisation of reporting requirements and the future work programme. • Banks’ Integrated Reporting Dictionary (BIRD), showcasing collaborative efforts to ease the reporting burden and improve data quality. • Integrated Reporting Framework (IReF), aiming at avoiding duplications and simplifying regulatory reporting. • Next-level supervision initiative, laying down the path to simplify the European prudential regulatory and supervisory framework for banks. 💡 This dialogue is part of an ongoing effort to strengthen collaboration between decision-makers and the banking industry. Stay tuned for further updates on the various initiatives! 👉 Access the meeting materials here: https://lnkd.in/edDny4wS #BankingSupervision #ECB #BIRD #JBRC #IReF #SSM

The Joint Bank Reporting Committee (JBRC) is pleased to announce the release of its 2026 Work Programme 🚀 and a set of recommendations on Environmental, Social, and Governance (ESG) 🌱, result of a collaborative effort between the European Central Bank (ECB), the European Banking Authority (EBA), national authorities and the banking industry via the Reporting Contact Group (RCG) to enhance further semantic integration. 👉 Access the 2026 JBRC work programme here: https://lnkd.in/dR2RSawx 👉 Access the ESG recommendations here: https://lnkd.in/dBPDNP6E 🚀 In 2026, the JBRC will continue prioritising activities related to semantic integration and the development of common definitions and standards covering statistical, supervisory and resolution reporting. These efforts form part of the broader initiative to streamline reporting obligations, enhance data consistency and improve efficiency for both reporting institutions and authorities. 🌍 🌱 The release of recommendations on ESG marks another important step toward enhancing consistency and alignment of semantics in the European regulatory framework. These offer a relevant contribution to the finalisation of the Implementing Technical Standards (ITS) on ESG disclosures, the preparation of future ESG reporting requirements, while paving the way to further focus areas. 📊 #ESGdisclosures #DataIntegration #ECB #EBA #JBRC #WorkProgramme #RCG

🔝 Banks’ Data Reporting – Top 3 Achievements of 2025 In 2025, several key developments strengthened the way banks’ data are collected, processed and disseminated, supporting professionals involved in regulatory and statistical reporting. 📊🏦 Together, they contribute to simpler, more consistent and more transparent reporting frameworks for the financial sector! 🥇 Next-level supervision – Simplification of reporting In 2025, the Governing Council of the European Central Bank endorsed the recommendations of the High-Level Task Force on Simplification, supporting a more harmonised, proportionate and transparent reporting framework for EU banks. 👉 https://lnkd.in/ebNWMJtv 🥈 BIRD – Scope extension for statistical and supervisory reporting Over the past year, two new versions of the Banks’ Integrated Reporting Dictionary (BIRD) Logical Data Model were released, integrating FINREP, Asset Encumbrance and AnaCredit reporting requirements. Additionally, BIRD documentation also provided an enhanced version of the FINREP transformation rules, together with new Asset Encumbrance and AnaCredit transformation rules. These developments reflect the BIRD's ongoing commitment to improving the integrated reporting landscape. 👉 https://lnkd.in/etKxYZ3G 🥉 JBRC – Advice on NACE Rev. 2.1 The Joint Bank Reporting Committee (JBRC) has published its first advice on the updated Nomenclature statistique des activités économiques dans la Communauté européenne (NACE) Rev. 2.1 classification of economic activities, offering guidance to ensure alignment across authorities. This marks the beginning of a series of efforts aimed at improving consistency across statistical, supervisory, and resolution frameworks. 👉 https://lnkd.in/eE_PwRSN 👏 Many thanks to all colleagues involved in delivering these achievements across Banks’ data reporting in 2025. #ECB #BanksDataReporting #IntegratedReporting #SupervisoryReporting #BIRD #JBRC #Simplification #YearInReview

The new BIRD Data Models and Transformation Rules are out! 🚀 We’re excited to announce the release of version 6.6 of the Data Models and version 3.0 of the Transformation Rules in the Banks’ Integrated Reporting Dictionary (BIRD). 📢 This update strengthens the link between supervisory reporting requirements and data reported by the remitting entities, by offering clear data models together with derivation and generation rules — helping institutions report more efficiently, transparently, and accurately. 📊🔍 ✨ What’s new in this release? An updated version of the BIRD Data Models and BIRD Transformation Rules for the reporting of AnaCredit aiming to enhance accuracy and reduce redundancy in regulatory reporting for banking institutions. This is another step toward smarter, more integrated regulatory reporting in Europe. 👉 Check out the new models and rules and share your feedback: BIRD Website: https://bird.ecb.europa.eu Contact us: BIRD@ecb.europa.eu Many thanks to everyone involved in this collaborative effort!🙌 Massimo Casa, Marc Ziegler, Violetta Damia, Laura Berg, Antigoni Kallergi, Arianna Nuvoli, Silvia Giacinti, Pietro Ferroni, Maria Manuel Henriques, Valeria Uliano   #BIRD #ECB #IntegratedReporting #SupervisoryReporting #RegulatoryData #DataQuality #BankingSupervision

The Governing Council has endorsed the recommendations of the High-Level Task Force on Simplification, another important step towards harmonisation of reporting requirements for the EU banking industry. 📊🏦 For the ECB, reforming the reporting landscape is key. This is today clear from the proposals of the report “Streamlining supervision, safeguarding resilience” prepared under the aegis of the ECB High-Level Task Force on Simplification. In addition to the already existing initiatives of BIRD and the JBRC that contribute to implement the long-term vision of an integrated bank reporting framework across the different reporting mandates, the new proposals include: 👉 the introduction of materiality thresholds in order to exempt banks to report immaterial revisions; 👉 the conduct of periodic assessments of its own reporting requirements every three to five years; 👉 an increase in transparency by publishing an inventory of data collections requested to banks. In addition to that, through the above-mentioned initiatives, specific actions aim at increasing proportionality in reporting for small and non-complex institutions (SNCIs). 🏦 👉Access the full list of recommendations here: https://lnkd.in/ebNWMJtv 👉Access to the press release here: https://lnkd.in/d3-zxqg4 👉Access the executive summary here: https://lnkd.in/d69NXH9Z #ECB #Simplification #Reporting #Recommendations

Very inspiring discussions today in the Dialogue meeting on ESCB statistics and integrated reporting. Members of the European Central Bank, European Banking Authority (EBA), European Commission, Single Resolution Board, and banking industry representatives, in particular the European Banking Federation, exchanged views and committed to continue the journey of making banks’ data reporting easier through collaboration on different angles. 🤝💡 Three initiatives provided status updates towards the establishment of an integrated reporting system. 🌍🏆 ·      The Joint Bank Reporting Committee (JBRC) achieved important milestones in 2025, such as the publication of the JBRC advice on NACE 2.1, the revised classification of economic activities, and the upcoming publication of recommendations on Environmental, Social, and Governance (ESG) disclosures. The banking industry has proactively supported the work of the JBRC with several position papers and direct participation in many activities via the Reporting Contact Group (RCG). The 2026 JBRC work programme will be shared soon, further supporting integration and simplification activities in reporting. ·      The Banks’ Integrated Reporting Dictionary (BIRD), which has turned 10 years in 2025, helps reducing the reporting burden by directly supporting the banking industry in fulfilling its reporting obligations through enhanced data quality and collaboration between the stakeholders. Thanks to a set of major achievements this year related to the refinement of its technical toolset and collaboration framework, the BIRD is close to adopt soon a multiyear workplan focusing on the extension of its scope to further reporting requirements in statistics, prudential and resolution realms. ·      The Integrated Reporting Framework (IReF) continues its investigation work towards the harmonisation of statistical regulations, looking into reporting solutions driven by structured and more granular data. The state of play, collaboration activities with other initiatives, and the way forward were presented, hinting at the release of a detailed implementation plan to come in the first half of 2026. 👉 Further information and meeting material soon available on the ECB website: https://lnkd.in/edDny4wS. #IReF #BIRD #JBRC #SSM #Simplification #Reporting #Collaboration

"Bank reporting is another area in which efficiency can be improved. By moving towards greater integration, the reporting burdens on banks can be alleviated significantly, while fulfilling the authorities’ data needs and improving data quality for decision-making."

A few weeks ago, we presented you a joint blog post by Isabel Schnabel and José Manuel Campa, where they explore ways to make banks’ data reporting smarter and more efficient, and provide an update on progress towards integrating reporting requirements across Europe. The blog post is featured today in the ECB Supervision newsletter Supervision Spotlight. A good occasion to (re)read it and get familiar with the upcoming enhancements of the reporting framework for banks in Europe, to make it smarter, faster, and more efficient. 📖 Read more Supervision Spotlight Edition 9 – For better banking - integrated reporting across Europe: https://lnkd.in/ec7D9RGc Discover the ECB Newsletter on Banking Supervision “Supervision Spotlight” and explore the previous editions: https://lnkd.in/evK4R42U #BankingInnovation #IntegratedReporting #DataEfficiency