Three-Quarters of European Banks Rely on Supervisory Feedback to Catch Reporting Errors
Event summary
- 76% of European banks depend on supervisory feedback to identify and correct reporting errors, per BearingPoint's 2025 study.
- Only 18% of institutions have fully implemented BCBS 239 principles, while 24% lack extensive data lineage documentation.
- 66% of banks use centralized data warehouses, but 90% still rely on spreadsheets for reporting.
- 50% of surveyed banks plan to implement AI use cases in regulatory reporting.
The big picture
European banks are struggling to keep up with regulatory demands, as governance and data quality issues persist despite investments in automation and centralized architectures. The reliance on supervisory feedback for error correction highlights a systemic problem that could lead to increased scrutiny and operational risks. As regulatory requirements become more granular, banks that treat reporting as a strategic capability will be better positioned to navigate the evolving landscape.
What we're watching
- Governance Gaps
- Whether banks can close governance gaps to reduce reliance on supervisory feedback for error correction.
- AI Adoption
- The pace at which AI will be integrated into regulatory reporting processes.
- Regulatory Compliance
- How increasing regulatory demands will impact banks' ability to maintain data quality and governance.
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