On 18 May 2018, there was published in the Official Journal of the EU (OJ), Commission Implementing Regulation (EU) 2018/688 of 23 March 2018 amending Implementing Regulation (EU) 2016/2070 as regards benchmarking portfolios, reporting templates and reporting instructions. The Commission Implementing Regulation amends Implementing Regulation (EU) 2016/2070 (which supplements the CRD IV by setting out the information that institutions have to report to the European Banking Authority and to Member State competent authorities in order to enable the assessment of internal approaches for calculating own funds requirements) by replacing article 7(3) and annexes I to VI. The Commission Implementing Regulation enters into force on the twentieth day following its publication in the OJ.

Leave a Reply

Your email address will not be published. Required fields are marked *