JBRC Launches Call for Reporting Contact Group

The Joint Bank Reporting Committee (JBRC), established by the European Banking Authority (EBA) and the European Central Bank (ECB), has launched a public call for expressions of interest to join its Reporting Contact Group. This initiative aims to streamline and improve the quality of supervisory reporting by banks. Enhanced collaboration between authorities and reporting entities is expected to lead to more efficient and standardized financial data collection, ultimately contributing to better financial stability and regulatory oversight within the EU.

Read source