The European Commission has adopted a Delegated Regulation supplementing the Capital Requirements Directive IV with regard to regulatory technical standards for benchmarking portfolio assessment standards and assessment sharing practices. The Delegated Regulation specifies the standards for the assessment to be conducted by Member State national competent authorities (NCAs) of institutions’ internal approaches used for the calculation of own funds requirements, except for operational risk, and the procedures for sharing these assessments between the NCAs and with the European Banking Authority.
The next step is for the Council of the EU and the European Parliament to consider the Delegated Regulation. If neither of them objects to it, the Delegated Regulation will enter into force 20 days after its publication in the Official Journal of the EU.
View Commission Delegated Regulation (EU) No …/… of 24.10.2016 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards for benchmarking portfolio assessment standards and assessment sharing procedures, 24 October 2016