11 May 2022 – Vanessa Galhardo-Galhetas

The European Banking Authority (EBA) has designed a voluntary framework for reporting of deposits subject to Russian and Belarusian economic sanctions.

Following the request from the European Commission, EBA has developed a template for the annual reporting of information on deposits subject to the Russia and the Belarus Economic Sanctions Regulations.

The template offers opportunities to reduce any associated reporting costs, especially for cross-border banks. The EBA is making the template available for voluntary use by the relevant national competent authorities and by the EU Commission.

Please find the relevant template on the website of the EBA: The EBA has designed an efficient framework for reporting of deposits subject to Russian and Belarusian economic sanctions | European Banking Authority (europa.eu)