The European Banking Authority (EBA) has published an amended version of its implementing technical standards (ITS) on benchmarking of internal approaches. The amendments aim at ensuring a better quality of the submitted data and ultimately will assist the EBA and Member State competent authorities in their 2018 assessment of internal approaches for credit and market risk. The EBA plans to annually update the ITS to ensure future benchmarking exercises are relevant and successful. The amendments are expected to apply to the submission of initial market valuation data in November 2017 and of other market and credit risk data in April 2018.

View EBA amends ITS on benchmarking of internal approaches, 4 May 2017