Implementing Technical Standards (ITS) on closely correlated currencies

status: Final and translated into the EU official languages

These draft ITS provide a list of relevant closely correlated currencies. Currencies are considered to be closely correlated if they meet the specific criteria set out in Article 354 of the Capital Requirements Regulation (CRR). Positions in currency pairs that are deemed to be closely correlated are subject to lower capital requirements.

Press Release

Consultation Papers