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Adopted text

Amending certain financial services and investment support Regulations as regards certain reporting requirements

TA-9-2024-0128 · P9_TA(2024)0128 · PE757.366

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✦ In short · AI summary of this text, generated 4 Sept 2026

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Parliament's amended version of the proposed regulation amends EU financial supervision and investment support rules to streamline reporting and disclosure requirements, reduce administrative burdens, and promote information sharing among authorities. It introduces a 'report once' principle, requiring authorities to share information rather than request it again from financial institutions, and establishes a Single Integrated Reporting System to facilitate data exchange. The text also changes InvestEU reporting from biannual to annual and extends the deadline for signing certain contracts under the EU guarantee.

Key points

  1. Authorities responsible for financial supervision must share information with each other, applying the 'report once' principle to avoid duplicate reporting requests.
  2. A Single Integrated Reporting System is to be established, including a common data dictionary, joint repository, central data space, and single contact point for reporting issues.
  3. European Supervisory Authorities and the Anti-Money Laundering Authority must review reporting requirements and propose amendments to remove redundant or obsolete ones, ensuring proportionality and consistency.
  4. Authorities may share anonymised data with the Commission for policy development and grant access to data for research and innovation, under strict conditions.
  5. Authorities must report legal obstacles to information exchange to the Commission, which may propose legislation to remove them.
  6. The ESRB and ESAs must coordinate with the ECB to detect systemic risks, sharing relevant information without undue delay.
  7. InvestEU implementing partners must report annually instead of biannually, and contracts for certain operations must be signed by 31 August 2026 or 31 December 2028.
  8. The Commission must submit a legislative proposal to align the amendments with Council Regulation (EU) No 1024/2013 within three months of entry into force.

Who is affected

  • Financial institutions and other reporting entities will face fewer duplicate reporting requests and can use a single contact point to flag issues.
  • European Supervisory Authorities, the ESRB, the AMLA, and national supervisory authorities must share information and establish integrated reporting systems.
  • Implementing partners and financial intermediaries under InvestEU will report annually instead of biannually.

Figures and deadlines

  • Contracts under the EU guarantee must be signed by 31 August 2026; other contracts by 31 December 2028.
  • Reports on legal obstacles must be submitted within 1 year of entry into force; Commission proposals within 2 years.
  • Reports on the Single Integrated Reporting System are due within 2 years; establishment within 3 years.
  • Commission proposal to align with Council Regulation (EU) No 1024/2013 within 3 months of entry into force.

Legal basis: Articles 114, 173 and 175(3) of the Treaty on the Functioning of the European Union