Article

What are the key cost drivers of IReF?

When it comes to future compliance obligations, the Integrated Reporting Framework (IReF) ranks high on the list for financial institutions operating in the EU.

This new framework is intended to standardize, harmonize and integrate existing European System of Central Banks (ESCB) statistical frameworks across countries and reporting domains.

The result will be more consistent local reporting requirements, reduced discrepancies and duplications and a shift away from aggregated, template-based reporting workflows to ones defined by a constant flow of granular data.

In this article, we explore the key cost drivers that will impact financial institutions in adapting to IReF.

Download the article →

You might also be interested in

  • IReF timeline is here: From roadmap to implementation reality

    Insight

    IReF timeline is here: From roadmap to implementation reality

    The ECB’s IReF timeline is officially here, moving the industry from roadmap to implementation reality.

    Read more
  • EBA simplification is the first step toward integrated supervision

    Insight

    EBA simplification is the first step toward integrated supervision

    In this Q&A, Regnology experts analyze the EBA's plan to untangle the "Regulatory Web" of fragmented reporting. They explain it is the first phase of a two-step global trend toward Integrated Supervision, moving from eliminating silos within regulatory domains to the future vision of enabling data sharing between them.

    Read more
  • What after Basel 3.1? Navigating UK banking's next chapter

    Insight

    What after Basel 3.1? Navigating UK banking's next chapter

    Beyond Basel 3.1, a new regulatory chapter is beginning for UK banks. Spurred by recent crises, the PRA is now focused on liquidity, interest rate risk, and operational resilience. Understand the next frontier of regulation and how to turn continuous change into a strategic advantage.

    Read more

Contact us