meta_id 3331284

On July 16, 2026, the European Banking Authority (EBA) held a public hearing to discuss a discussion paper addressing potential simplifications and improvements to certain key performance indicators (KPIs) and other aspects of the Disclosures Delegated Act under Article 8 of the Taxonomy Regulation. The hearing examined six substantive issues and other potential improvements identified through a call for advice received in March 2026, with a final response deadline of October 2026. The EBA presented preliminary advice on six key issues: The Fees and Commissions KPI, which currently covers 22 percent of total operating income but would narrow to 6 percent if limited to capital-market-related services. The Trading Book KPI, which affects only 17 percent of banks with trading portfolios above the 10 percent materiality threshold. The Investment Firms' Other Services KPI, which the EBA proposes narrowing to four capital market-related activities. Grandfathering rules for financial exposures, which the EBA recommends aligning with the European Union Green Bond Regulation by extending the period from five to seven years. Group-level reporting requirements, where the EBA proposes clarifying existing requirements rather than introducing new aggregation methods. The use of operational expenditure (OpEx) in financial KPIs, where the EBA recommends against explicit requirements but allowing voluntary use. The EBA also invited feedback on other potential simplifications, including alignment of assets under management KPIs and consolidation of disclosure templates. Stakeholders were invited to submit feedback until August 12, 2026. The European Commission intends to draft amendments to the delegated regulation based on the EBA's final opinion, with adoption anticipated in the first quarter of 2027. The consultation process remains open to all stakeholders, including preparers and users of sustainability information.