EBA proposes removing two Taxonomy KPIs for financial firms
On October 29, 2026, the European Banking Authority said its technical advice recommends removing the Fees and Commission KPI and the Trading Book KPI, simplifying the investment-firm KPI for other services, and streamlining Green Asset Ratio templates.
Inside Practice · OCTOBER 30, 2026 · 1 MIN READ
On October 29, 2026, the European Banking Authority said its technical advice recommends removing the Fees and Commission KPI and the Trading Book KPI, simplifying the investment-firm KPI for other services, and streamlining Green Asset Ratio templates. The proposals matter beyond banks because they would change the data requests that lenders and investment firms pass through to corporate counterparties. Counsel should distinguish genuine source-data reductions from mere template consolidation, then update disclosure controls and financing-document covenants only after the Commission settles the final rules. The EBA also advised against introducing an OpEx KPI into financial-undertaking calculations, signalling a broader proportionality approach that may affect how financial institutions prioritise client ESG data.