EBA publishes final draft ITS on data collection for 2026 benchmarking exercise
The European Banking Authority (EBA) has published its final draft implementing technical standards (ITS) on the supervisory benchmarking of credit risk and market risk for the 2026 exercise. The most significant change is the restriction of market risk data collection to the Alternative Standardised Approach (ASA), applicable only to banks with internal model approval. The planned expansion to ASA banks and the use of Alternative Internal Model Approach (AIMA) templates has been deferred following the European Commission’s postponement of the Fundamental Review of the Trading Book (FRTB). For credit risk, the asset class definitions used in benchmarking portfolios have been aligned with those adopted in the revised internal ratings-based (IRB) templates under the supervisory reporting ITS following the implementation of Basel III. Data collection deadlines have been slightly postponed to support the transition to the DPM 2.0 reporting format.