Session Details
Rebuilding the Engine In-Flight: Managing Transition Risk in Reporting Reform

Presenting Speakers

About the Session

Supervisory reporting reform has moved into execution. With the FCA advancing toward MiFIR implementation in 2026, firms and regulators must operate legacy reporting systems, deliver new architectures, and meet rising supervisory expectations at the same time.

This panel focuses on where transition risk concentrates. As old and new regimes run in parallel, data quality, validation logic, and control ownership come under strain. The discussion will examine how shared semantic standards, including CDM, BIRD, IReF and Digital Regulatory Reporting, can stabilise reporting during change through common definitions, reusable logic, and consistent testing.

The session will also explore how lessons from UK MiFIR delivery can inform ESMA’s next phase and support a more integrated EU data strategy across market, prudential, and statistical reporting.

The objective is practical and shared. How do supervisors and firms keep reporting safe, trusted, and usable while the engine is being replaced at altitude?

Regulatory Challenges
  • UK Bank of England/ PRA Future Banking Data (Q1 Expected)
  • Bank of Italy – Connecting the dots of the international debate on the standardization and granularity of regulatory data  here
  • ECB Integrated Reporting Framework here
  • UK TDC data standards recommendations and BoE response here
  • BCBS Progress in adopting 239 here
  • EC common dictionary paper and conference here
  • BIRD Logical Data Model release 6.1
  • EBA 430C: feasibility report on the integrated reporting system here
  • BoE CP4/23 Strong and Simple here PRA mansion house speech here
  • IMF working paper on challenges faced by supervisors
New RegTech/SupTech drivers
  • Analysis – The Billion-Dollar Reporting Divide here
  • Premium – The RegTech Edge: ESMA Lights the Data Fuse. Global Reporting Reform Must Follow. here
  • Premium – RegTech Edge: Digital Integrity Under Pressure here;
  • Premium – RegTech Edge: The Global Data Race here;
  • Premium – RegTech Edge: From Capital to Code here
  • Premium – The RegTech Edge: Flying in formation here;
  • Premium – RegTech Edge: From Rulebook to Runbook here
  • Report (FREE) – Mastering MiFIR Divergence –  Build one runbook to bridge the transparency chasm here