EU bank watchdog cuts reporting burden in updated bank disclosure framework
( June 22, 2026, 14:57 GMT | Official Statement) -- MLex Summary: The European Banking Authority has updated bank disclosure rules on sustainability risks and exposures to private investment entities and non-bank financial firms. The changes simplify reporting, reduce data requirements and extend sustainability disclosures to all banks using a proportionate approach. The new rules, which will be submitted for adoption by the European Commission, are expected to start applying from the end of 2026, with smaller institutions following a year later.Press release follows. Report attached. Templates available here. ...
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