(Only in Italian)
The RTS for stress scenario risk are based on the international standards agreed in January 2019 by the Basel Committee on Banking Supervision, and take into account the relevance of capital requirements for non-modelable risk factors.
In order to ensure a level playing field among institutions in the Union and to minimise regulatory arbitrage, specific and detailed methodologies are defined to develop extreme future shock scenarios for non-modelable risk factors.
According to the RTS, in order to ensure a level playing field, stress scenario risk measures are aggregated by applying the aggregation formula agreed in the Basel 2019 framework.
In order to ensure a level playing field among institutions in the Union and to minimise regulatory arbitrage, specific and detailed methodologies are defined to develop extreme future shock scenarios for non-modelable risk factors.
According to the RTS, in order to ensure a level playing field, stress scenario risk measures are aggregated by applying the aggregation formula agreed in the Basel 2019 framework.
- on reverse solicitation where ESMA addresses the conditions for the application of the relevant reverse solicitation exemption and the supervisory practices that national competent authorities may adopt to prevent its circumvention;
- on the classification of crypto-assets as financial instruments where ESMA aims to establish clear conditions and criteria for the qualification of crypto-assets as financial instruments.
The consultation will end on 29 April 2024.
The objective of the survey is to collect qualitative information on credit institutions’ current practices to inform the EBA’s work on the feasibility of introducing a standardised methodology to identify and qualify exposures to ESG risks.
