IRRBB Reporting
The EBA has today published the final version of its Implementing Technical Standards (ITS) on IRRBB reporting (EBA/ITS/2023/03). These ITS contain reporting templates to be used for IRRBB reporting. The first reporting under the new standards is due by the reference date of 30 September 2024.
In summary, the following information should be reported:
- Breakdown of sensitivity estimates
- Cash flows from interest rate changes
- Relevant parameters
- Qualitative information
The ITS includes a variety of reporting templates and requirements. These are differentiated based on how institutions are classified: as ’large institutions’, ’small and non-complex institutions’, or ’other institutions’.
Next Steps
The introduction of new reporting requirements for IRRBB is a natural next step following the publication of new guidelines and RTSs for IRRBB. It is worth noting that these new reporting requirements are significantly more detailed than before. We recommend that you start preparing for the new, much more comprehensive reporting requirements well in advance. NFC has deep expertise in the areas of IRRBB and supervisory reporting, and we are available to assist in preparing for the first reporting exercise. Read more about our regulatory reporting services or contact us if you would like support in meeting the new requirements in your organisation.
