: The European Banking Authority (EBA) has published today an Opinion providing guidance on how institutions can report profit or loss information during the interim period between the first application date of IFRS 18 and the first application date of the amending Implementing Technical Standards (ITS) on supervisory financial reporting (FINREP), which are currently under consultation. The Opinion aims to support institutions by avoiding the operational burden of maintaining two different profit or loss formats during the transition period. It is also consistent with the EBA’s broader efforts to simplify and streamline the EU supervisory reporting
: The European Banking Authority (EBA) today announced the go-live of its Pillar 3 data hub, marking the first time prudential information from all EEA institutions is made publicly accessible through a single, harmonised digital platform. The hub discloses the data that large and other institutions began submitting on 26 January, and significantly enhances the availability, usability and comparability of prudential information across the EU. By boosting transparency and supporting market discipline, the hub contributes to further strengthening the resilience and soundness of the European financial