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Recital 15

Recital 15

(15)Regulation (EU) 2024/1623 amended Article 430(7), first subparagraph, of Regulation (EU) No 575/2013 and introduced a requirement for the EBA to develop IT solutions, including reporting templates and instructions, to be used by institutions for complying with the reporting obligations laid down in paragraphs 1 to 4 of that Article. Accordingly, the data points and the information that institutions have to report and that the EBA should include in the IT solutions concerned should be specified with sufficient clarity. In order to allow the EBA to develop appropriate IT solutions, those uniform reporting formats should not be binding as concerns their structure and their representation, as the EBA should not be bound to replicate the graphical representation and tabular structure laid down in the annex. In particular, the EBA should be able to depart from the graphical representation and tabular structure of the reporting templates as long as all the data points and information required are included in the IT solution.

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