The Joint Bank Reporting Committee Launches Call to Join the Reporting Contact Group

Why It Matters

The RCG will become a key forum for aligning European banking reporting practices, giving participants direct input into the regulatory data framework that underpins supervision and crisis management. This collaboration can improve data quality, reduce compliance costs, and enhance cross‑border supervisory coordination.

Key Takeaways

• JBRC opens applications for Reporting Contact Group, deadline 28 April 2026
• RCG will have up to 22 members serving three‑year renewable terms
• Applicants must commit one full day per week to reporting activities
• Selection emphasizes sector diversity, geographic and gender balance across EEA
• Participants gain direct influence on EU banking reporting standards

Pulse Analysis

The Joint Bank Reporting Committee (JBRC) was created in March 2024 under a Memorandum of Understanding between the European Banking Authority (EBA) and the European Central Bank (ECB). Its mandate is to streamline supervisory, resolution and statistical reporting across the European Economic Area, addressing long‑standing fragmentation in data collection. By establishing a permanent Reporting Contact Group, the JBRC aims to embed a collaborative governance layer that can respond quickly to regulatory changes and emerging risk trends.

The newly announced call for interest targets banks, data‑modeling firms, and other stakeholders with deep expertise in regulatory reporting. Members will serve three‑year renewable terms, dedicating at least one full day per week to RCG activities. This commitment ensures that the group can maintain a continuous dialogue with authorities, review draft standards, and share best‑practice insights. The selection criteria stress diversity—both in terms of institutional size and geographic coverage—so that the RCG reflects the heterogeneous nature of the European banking landscape.

For the broader industry, the RCG represents a conduit for influencing the evolution of EU reporting standards such as the Common Reporting Framework and the Basel III data sets. Enhanced coordination can lead to more consistent data quality, lower duplication of effort for multinational banks, and faster regulatory response times during crises. As the EU pushes toward an integrated reporting ecosystem, participation in the RCG offers a strategic advantage for firms seeking to shape the future of banking supervision and to stay ahead of compliance demands.