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Source: European Banking Authority

Headline: EBA issues Opinion to the European Commission on the proposed amendments to the EBA final draft RTS on IRB assessment methodology

The European Banking Authority (EBA) publishes today an Opinion on the amendments proposed by the European Commission as regards the EBA final draft RTS specifying the assessment methodology competent authorities are to follow when assessing the compliance of credit institutions and investment firms with the requirements to use the Internal Ratings Based (IRB) approach laid down in the Capital Requirements Regulation (CRR). These RTS are an important part of the EBA’ regulatory review of the IRB approach, as they harmonise the supervisory assessment methodology on the IRB approach across all Member States in the European Union (EU).

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