EBA Decision Harmonises SEPA Reporting for National Authorities
Summary
The European Banking Authority published a Decision harmonising how National Competent Authorities report SEPA payment data. NCAs must now report exclusively to the EBA through a single channel, which then shares data with the European Commission. The Decision also amends the EUCLID Decision Annex to incorporate the new requirement and takes effect immediately.
What changed
The EBA Decision modifies the reporting framework under Article 15(4) of the SEPA Regulation. NCAs previously reported to both the EBA and European Commission separately; they now submit all required data on charges for credit transfers, instant credit transfers, payment accounts, transaction rejections due to sanctions, and instant payment volumes solely to the EBA. The Decision also amends the Annex to the EUCLID Decision to add this reporting requirement.
NCAs will benefit from reduced administrative burden through the single reporting channel. Payment Service Providers face indirect impacts through clarified expectations that NCAs ensure data accuracy without re-collecting from PSPs. National authorities must update internal systems to route reporting through EBA's EUCLID infrastructure and align with the amended decision provisions.
What to do next
- Update internal NCA reporting processes to submit SEPA data exclusively to EBA
- Ensure existing SEPA payment data meets accuracy and completeness standards without re-collection from PSPs
- Monitor EBA guidance on EUCLID system integration for new reporting requirements
Archived snapshot
Apr 10, 2026GovPing captured this document from the original source. If the source has since changed or been removed, this is the text as it existed at that time.
The EBA publishes Decision harmonising reporting of SEPA data by national authorities
- Press Release
- 10 April 2026
The European Banking Authority (EBA) today published a Decision harmonising how National Competent Authorities (NCAs) report under the SEPA Regulation. The Decision complements the existing European Commission’s Implementing Regulation which requires all Payment Service Providers (PSPs) to report data on charges for credit transfers and payment accounts, as well as the shares of transactions rejected due to EU sanctions. The Decision streamlines the second step of this reporting process – from the NCAs to the EBA and the European Commission.
By introducing a single reporting channel through the EBA, the Decision reduces the administrative burden on NCAs and ensures that both the EBA and the European Commission receive consistent, high-quality data. This supports the Commission in monitoring that consumers benefit from access to instant credit transfers across the EU, and that these are not more expensive than standard credit transfers.
The Decision stipulates that the NCAs will now report this information only to the EBA, and the EBA will then make it available to the European Commission. The Decision also clarifies that when NCAs already possess some of the required data, they are responsible for ensuring its accuracy and completeness without re-collecting it from PSPs.
Furthermore, the Decision amends the Annex to the EBA’s EUCLID Decision to incorporate this new reporting requirement.
The Decision takes effect immediately.
Legal basis
Article 15(3) of the SEPA Regulation requires PSPs to report to their competent authorities every 12 months “(a) the level of charges for credit transfers, instant credit transfers and payment accounts; (b) the share of rejections separately for national and cross-border payment transactions, due to the application of the targeted financial restrictive measures.”
Article 15(4) of the SEPA Regulation requires that “competent authorities shall provide the Commission and EBA with the information reported to them by PSPs under paragraph 3, and the information on the volume and value of instant credit transfers in euro which have been sent, both national and cross-border, by PSPs established in their Member State in the course of the preceding calendar year.”
Article 53 of the EBA Regulation establishes the tasks of the EBA Executive Director, including implementation of the annual work programme, and adoption of internal administrative instructions and the publication of notices.
Documents
Decision on reporting of data from NCAs to EBA and EC under SEPA Regulation
(307 KB - PDF)
Press contacts
Franca Rosa Congiu
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