EBA has published the responses to its consultation on draft ITS amending the implementing regulation on supervisory reporting with regard to financial reporting (FINREP) following changes in the International Financial Reporting Standards (IFRS 9). The ITS cover firms subject to the Capital Requirements Regulation (CRR) and set out amendments to reporting templates and instructions for reporting FINREP to reflect IFRS 9 (Financial Instruments). EBA proposed that the implementing regulation making the amendments should apply from 1 January 2018, with a first reference date of 31 March 2018. EBA has published six responses from various banking federations and industry participants. (Source: EBA consults on draft CRR ITS to reflect IFRS 9 FINREP changes)