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The European Banking Authority (EBA) recalled today the key deadlines Competent Authorities should comply with for the submission of data needed to perform the 2017 supervisory benchmarking exercise. Despite the pending approval by the European Commission of the amended Implementing Technical Standard (ITS) on benchmarking, compliance with the proposed deadlines will ensure a smooth and timely start of the 2017 exercise.

The European Banking Authority (EBA) updated today the list of closely correlated currencies that was originally published in December 2013 and updated in May 2015. The list is part of the implementing technical standards (ITS) that were drafted for the purposes of calculating the capital requirements for foreign-exchange risk according to the standardised rules. The list was updated according to the procedure and methodology laid down in the ITS.