On 9 November 2018, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2018/1627 of 9 October 2018 amending Implementing Regulation (EU) No. 680/2014 as regards prudent valuation for supervisory reporting.

Commission Implementing Regulation (EU) No. 680/2014 specifies the modalities according to which institutions are required to report information relevant to their compliance with the CRR. Commission Implementing Regulation (EU) 2018/1627 makes certain amendments to improve Member State competent authorities’ ability to effectively monitor and assess an institutions’ risk profile and to obtain a view on the risks posed to the financial sector.