Europejski Urząd Nadzoru Bankowego, Ostateczny raport - projekt technicznych standardów regulacyjnych dotyczących warunków i wskaźników, których EBA powinna użyć do ustalenia, czy wystąpiły nadzwyczajne okoliczności w celu zastosowania przepisów art. 325az(5) i 325bf(6) CRR

EBA/RTS/2024/17

28 June 2024

Final Report - Draft Regulatory Technical Standards On conditions and indicators that EBA shall use to determine whether extraordinary circumstances have occurred for the purposes of Articles 325az(5) and 325bf(6) CRR

1. Executive Summary

Article 325az(10) of Regulation (EU) No 575/2013 (‘CRR’) mandates the EBA to specify the conditions and indicators that the EBA shall use to determine whether extraordinary circumstances, under which competent authorities may soften or waive the application of certain requirements for the use of internal models for market risk, have occurred.

The draft RTS presented in this final report establish a high-level framework for identifying the occurrence of extraordinary circumstances, setting out conditions that need to be met and indicators that could support the identification of extraordinary circumstances.

More specifically, these RTS set out that only a situation of cross-border financial market stress, or a regime shift, can...