EBA Opinion on IFRS 18 in supervisory financial reporting
EBA issued an Opinion on the implementation of IFRS 18 in supervisory financial reporting to align FINREP with IFRS.
IFRS 18 restructures P&L presentation and introduces new subtotals and MPMs. The EBA opinion signals FINREP alignment, requiring banks to re-map income statement lines, review classification categories and adapt disclosure processes.
Affects supervisory financial reporting consistency, comparability of prudential metrics and disclosure controls.
Action Required
Assess impacts of IFRS 18 presentation changes on FINREP templates and update accounting and reporting policies.
IFRS 18 is a major accounting standard change; EBA alignment forces prudential reporting adjustments across all EU banks.
Monitor EBA FINREP amendments for IFRS 18. Initiate gap analysis on income statement mapping, MPM disclosures and system configuration.
“The EBA issues Opinion on the implementation of IFRS 18 in supervisory financial reporting to support consistency with IFRS requirements.”
Published: 2026-07-08