EBA FinRep COREP Adaptations

EBA Reporting Framework 4.2 introduces significant changes since Q4 2025: new reporting templates for FINREP and COREP, full migration to the Data Point Model 2.0 (DPM 2.0), and from the reporting reference date of March 31, 2026, mandatory submission in XBRL-CSV format instead of the previous XBRL-XML. Additionally, nine new data points have been added to FINREP, MREL reporting frequency has increased to semi-annual, and two new resolution reports (RESOL 1 and RESOL 2) have been introduced.

FINREP (Financial Reporting) covers supervisory financial reporting based on IFRS or national accounting standards. COREP (Common Reporting) covers reports on own funds, large exposures, leverage ratio, liquidity ratios (LCR, NSFR), and operational risks. Both frameworks are defined by the EBA through CRR/CRD regulations and are regularly updated through the Reporting Framework.

The Data Point Model 2.0 replaces the previous DPM structure and introduces a new glossary. For banks, this means existing mapping rules between internal data systems and the reporting framework must be reviewed and adjusted. ETL processes, validation rules, and XBRL taxonomies require updates. The EBA completed the transition with Framework 4.2, so all future versions will be based on DPM 2.0.

From the reporting reference date of March 31, 2026, all FINREP and COREP submissions must be in the new XBRL-CSV format. The previous XBRL-XML format will no longer be accepted. Institutions should begin the technical transition by Q4 2025 at the latest to allow sufficient time for testing, validation, and parallel reporting.

A gap analysis for FINREP/COREP changes involves four steps: First, systematic identification of all changes in the new framework compared to the current version. Second, assessment of impacts on existing data models, ETL pipelines, and reporting systems. Third, identification of missing data fields or calculation logic. Fourth, prioritization of adjustment needs by criticality and implementation effort.

The EBA has announced Reporting Framework 4.4, expected to apply from Q4 2026. It will include further adjustments to ESG reporting requirements, granular data reporting, and the integration of resolution planning. Institutions should design their reporting architecture to accommodate regular framework updates with minimal adjustment effort.

Automated reporting processes reduce manual errors, shorten reporting cycles, and lower long-term operational costs. Specifically, automation enables rule-based data validation before submission, automatic consistency checks between FINREP and COREP, faster response to framework updates, and the reuse of regulatory data for internal management purposes.

ADVISORI supports the entire adaptation cycle: gap analysis of new EBA requirements, design of data model and process adjustments, technical implementation in reporting systems such as Abacus, SAP, or RegTech solutions, validation and parallel testing, and training of specialist departments. The focus is on a sustainable solution that efficiently covers future framework versions as well.