Supervision release 9 December 2016 – 79/2016

Changes introduced by IFRS 9 in the reporting of financial information by financial sector entities (FINREP)

On 30 November 2016, the European Banking Authority (EBA) published a draft version of future requirements for FINREP reporting under IFRS 9. In the same context, refinements were made in certain concepts used in the reporting, and changes requested in the consultation and the Single Rulebook Q&A process were implemented. The draft is available at the EBA's website. 

FIN-FSA recommends supervised entities to test the reporting templates. Comments and questions on any inconsistencies or errors in the validation rules are requested by 30 January 2017 to FIN-FSA to the address sinikka.taskinen(at) FIN-FSA will forward the comments to the EBA.

After processing the comments received, in spring 2017, the EBA will publish the final IFRS 9-compliant FINREP templates for reporting. The first reporting with the new templates will be made for the reference date 31 March 2018.

For further information, please contact

Sinikka Taskinen, analyst, email sinikka.taskinen(at) or +358 9 183 5239.