The European Commission has published an adopted Delegated Regulation amending an earlier Delegated Regulation which supplements the Capital Requirements Regulation as regards to regulatory technical standards for assessing the materiality of extensions and changes of internal approaches when calculating own funds requirements for market risk.
The newly adopted Delegated Regulation contains provisions relating to the requirements for assessing materiality of extensions and changes to the use of the internal models approach.
The Delegated Regulation needs to be published in the Official Journal of the EU, following which it will enter into force 20 days later.
