On 19 September 2025, there was published in the Official Journal of the European Union (OJ), Commission Delegated Regulation (EU) 2015/1496 which amends the Capital Requirements Regulation (CRR) concerning own funds requirements for market risk, notably delaying the implementation of the Fundamental Review of the Trading Book (FRTB) framework.
On 12 September 2025, the European Banking Authority (EBA) issued a Final Report containing draft implementing technical standards (ITS) which amend Commission Implementing Regulation (EU) 2021/622.
Commission Implementing Regulation (EU) 2021/622 specifies uniform reporting templates, instructions and a methodology for reporting to the EBA on the minimum requirement for own funds
On 8 August 2025, the European Banking Authority (EBA) confirmed that following the European Commission’s adoption of a Delegated Act postponing the application of the revised market risk framework in the EU, the so-called Fundamental Review of the Trading Book (FRTB), its no action letter of 12 August 2024 would remain
On 8 August 2025, the European Banking Authority (EBA) published its final draft Implementing Technical Standards (ITS), amending the Implementing Regulation on the benchmarking of credit and market risk for the 2026 exercise.
Article 78 of the Capital Requirements Directive requires the EBA to specify the benchmarking portfolios, templates and
On 6 August 2025, the European Banking Authority (EBA) issued a final report containing draft Regulatory Technical Standards (RTS) on equivalent mechanism for unfinished property under Article 124(14) of the Capital Requirements Regulation (CRR).
The draft RTS aim to provide a harmonised framework at the EU level for the
On 4 August 2025, the European Banking Authority (EBA) published its final report containing draft regulatory technical standards (RTS) establishing a risk taxonomy on operational risk that complies with international standards and a methodology to classify the loss events included in the loss data set based on that risk taxonomy on
On 29 July 2025, the Prudential Regulation Authority reissued the 2024 Other Systemically Important Institutions (O-SII) buffer rates for ring-fenced banks (RFBs) and large building societies to reflect the Financial Policy Committee’s updated O-SII buffer framework.
The revised 2024 O-SII buffer rates are based on the average of quarter-end UK leverage
On 28 July 2025, the European Central Bank (ECB) updated its guide to internal models.
The updated guide includes a new section on machine learning which specifies expectations for using machine learning techniques in internal models. The chapter on credit risk has also been updated which includes clarifications of the responsibilities of senior
On 22 July 2025, the European Commission (Commission) issued a targeted consultation on the treatment of equity exposures incurred under legislative programmes in the Capital Requirements Regulation (CRR).
The Commission is issuing the targeted consultation on a Communication aimed at providing guidance on Article 133(5) of the CRR (equity exposures). The