Guide to Navigating the Integrated Reporting Framework (IReF)

The Integrated Reporting Framework (IReF), set to go live in 2027 following its anticipated adoption in 2025, marks a pivotal shift in the regulatory landscape for the European banking sector. This unified framework aims to replace existing ECB statistical datasets related to banks, streamlining and harmonizing data reporting requirements across the euro area. The goal is to reduce the reporting burden on banks while meeting the information needs of the European System of Central Banks (ESCB).

The ECB's strategy includes the Joint Bank Reporting Committee (JBRC), IReF, and the Bank’s Integrated Reporting Dictionary (BIRD). While initial investments are necessary, the long-term benefits—such as improved data quality, enhanced regulatory compliance, and greater systemic stability—are significant. Suade’s innovative solutions ensure a smooth transition to IReF, helping financial institutions enhance their data management capabilities and maintain long-term compliance and efficiency.

Download our guide on how to successfully transition to IReF:

Join Industry Leaders and the ECB at Suade's Roundtable on IReF, Basel IV, and Data - July 8, 2024, in Frankfurt. Register your interest below.