Revised Statistical Classification of Economic Activities NACE Rev. 2.1 will be implemented for supervisory reporting from 1 January 2026 | EBA

The European Commission has adopted a new statistical classification of economic activities, NACE Rev. 2.1, which will be used for EU statistics from 2025 onwards. The Joint Bank Reporting Committee (JBRC) , established to harmonise reporting requirements for European banks, recommends that the new classification be implemented on a uniform timeframe across all European banks’ reporting frameworks. The Financial Supervisory Authority supports this approach.

Uniform implementation in different reporting frameworks will reduce the administrative burden of banks and improve the comparability of reported data. Although some of the reporting templates will remain technically unchanged during the transition, the data will need to be produced and reported in accordance with the new classification.

For supervisory reporting, the NACE Rev. 2.1 classification will be applied from 1 January 2026.

The revised Statistical Classification of Economic Activities affects, among others, the following reporting frameworks:

EBA supervisory reporting (e.g. FINREP, COREP, ESG):

• F 06.01: Breakdown of loans and advances other than held for trading to non-financial corporations by NACE codes
• F 20.07.1: Geographical breakdown by residence of the counterparty of loans and advances other than held for trading to non-financial corporations by NACE codes
• C 27.00: Identification of the counterparty
• ESG reporting: among others, templates related to NPL and climate risk models

For further information, please contact

Joint Bank Reporting Committee (JBRC) advice

Commission Delegated Regulation (EU) 2023/137 - EN - EUR-Lex

JBRC on EBA website

JBRC on ECB website

Statistics Finland Standard Industrial Classification TOL 2025