ITS package for 2017 benchmarking exercise

status: Adopted and published on the Official Journal

The amended ITS include changes to assist competent authorities in their 2017 assessment of internal approaches for both credit and market risk. The EBA plans to annually update the ITS and to maintain them on a regular basis to ensure the success and quality of future benchmarking exercises. The updates on credit risk introduced a distinction between regulatory approaches between types of risk, and removed the data collection on hypothetical transactions. The market risk updates were focused on technical corrections of specific instruments. The EBA has not conducted any public consultation on this specific update, given the non-significant changes.

Press Release