What changes on 01/01/2025

The text in force from 09/07/2024 compared with the text from 01/01/2025, which includes the changes made by Capital Requirements Regulation III (CRR3), Commission Delegated Regulation (EU) 2024/2795, Regulation (EU) 2024/2987.

Read the act as of 01/01/2025 · other versions: 28/06/2023 · 09/01/2024 · 09/07/2024 · 29/06/2025 · 01/01/2026 · 26/06/2026 · 01/01/2027

Part I › Title I

• amended Article 2 - Supervisory powers
• amended Article 4 - Definitions
• amended Article 5a - Definitions specific to crypto-assets

Part I › Title II › Chapter 1

• amended Article 6 - General principles

Part I › Title II › Chapter 2 › Section 1

• amended Article 13 - Application of disclosure requirements on a consolidated basis

Part I › Title II › Chapter 2 › Section 2

• amended Article 18 - Methods of prudential consolidation

Part I › Title II › Chapter 2 › Section 3

• amended Article 19 - Entities excluded from the scope of prudential consolidation
• amended Article 20 - Joint decisions on prudential requirements
• amended Article 22 - Sub-consolidation in the case of entities in third countries

Part II › Title I › Chapter 2 › Section 1

• amended Article 27 - Capital instruments of mutuals, cooperative societies, savings institutions or similar institutions in Common Equity Tier 1 items

Part II › Title I › Chapter 2 › Section 2

• amended Article 34 - Additional value adjustments

Part II › Title I › Chapter 2 › Section 3 › Subsection 1

• amended Article 36 - Deductions from Common Equity Tier 1 items
• amended Article 46 - Deduction of holdings of Common Equity Tier 1 instruments where an institution does not have a significant investment in a financial sector entity
• amended Article 47c - Deduction for non-performing exposures

Part II › Title I › Chapter 2 › Section 3 › Subsection 2

• amended Article 48 - Threshold exemptions from deduction from Common Equity Tier 1 items
• amended Article 49 - Requirement for deduction where consolidation, supplementary supervision or institutional protection schemes are applied

Part II › Title I › Chapter 3 › Section 2

• amended Article 60 - Deduction of holdings of Additional Tier 1 instruments where an institution does not have a significant investment in a financial sector entity

Part II › Title I › Chapter 4 › Section 1

• amended Article 62 - Tier 2 items

Part II › Title I › Chapter 4 › Section 2

• amended Article 70 - Deduction of Tier 2 instruments where an institution does not have a significant investment in a relevant entity

Part II › Title I › Chapter 5A › Section 1

• amended Article 72a - Eligible liabilities items
• amended Article 72b - Eligible liabilities instruments

Part II › Title I › Chapter 5A › Section 2

• amended Article 72i - Deduction of eligible liabilities where the institution does not have a significant investment in G-SII entities

Part II › Title I › Chapter 6

• amended Article 74 - Holdings of capital instruments issued by regulated financial sector entities that do not qualify as regulatory capital

Part II › Title II

• inserted Article 88b - Undertakings in third countries
• amended Article 84 - Minority interests included in consolidated Common Equity Tier 1 capital
• amended Article 85 - Qualifying Tier 1 instruments included in consolidated Tier 1 capital
• amended Article 87 - Qualifying own funds included in consolidated own funds

Part II › Title III

• amended Article 89 - Risk weighting and prohibition of qualifying holdings outside the financial sector

Part III › Title I › Chapter 1 › Section 1

• amended Article 92 - Own funds requirements
• amended Article 92a - Requirements for own funds and eligible liabilities for G-SIIs
• amended Article 94 - Derogation for small trading book business

Part III › Title I › Chapter 1 › Section 2

• amended Article 95 - Own funds requirements for investment firms with limited authorisation to provide investment services
• amended Article 96 - Own funds requirements for investment firms which hold initial capital as laid down in Article 28(2) of Directive 2013/36/EU

Part III › Title I › Chapter 3

• amended Article 102 - Requirements for the trading book
• amended Article 104 - Inclusion in the trading book
• amended Article 104a - Reclassification of a position
• amended Article 104b - Requirements for trading desk
• amended Article 104c - Treatment of foreign exchange risk hedges of capital ratios
• amended Article 106 - Internal Hedges

Part III › Title II › Chapter 1

• inserted Article 110a - Monitoring of contractual arrangements that are not commitments
• amended Article 107 - Approaches to credit risk
• amended Article 108 - Use of credit risk mitigation techniques under the Standardised Approach and the IRB Approach for credit risk and dilution risk

Part III › Title II › Chapter 2 › Section 1

• amended Article 111 - Exposure value
• amended Article 112 - Exposure classes
• amended Article 113 - Calculation of risk-weighted exposure amounts

Part III › Title II › Chapter 2 › Section 2

• inserted Article 123a - Exposures with a currency mismatch
• amended Article 115 - Exposures to regional governments or local authorities
• amended Article 116 - Exposures to public sector entities
• amended Article 117 - Exposures to multilateral development banks
• amended Article 119 - Exposures to institutions
• amended Article 120 - Exposures to rated institutions
• amended Article 121 - Exposures to unrated institutions
• amended Article 122 - Exposures to corporates
• amended Article 122a - Specialised lending exposures
• amended Article 123 - Retail exposures
• amended Article 124 - Exposures secured by mortgages on immovable property
• amended Article 125 - Exposures secured by mortgages on residential property
• amended Article 126 - Exposures secured by mortgages on commercial immovable property
• amended Article 126a - Land acquisition, development and construction exposures
• amended Article 128 - Subordinated debt exposures
• amended Article 129 - Exposures in the form of covered bonds
• amended Article 132a - Approaches for calculating risk-weighted exposure amounts of CIUs
• amended Article 132b - Exclusions from the approaches for calculating risk-weighted exposure amounts of CIUs
• amended Article 132c - Treatment of off-balance-sheet exposures to CIUs
• amended Article 133 - Equity exposures
• amended Article 134 - Other items

Part III › Title II › Chapter 2 › Section 4

• amended Article 138 - General requirements
• amended Article 139 - Issuer and issue credit assessment
• amended Article 141 - Domestic and foreign currency items

Part III › Title II › Chapter 3 › Section 1

• amended Article 142 - Definitions
• amended Article 143 - Permission to use the IRB Approach
• amended Article 144 - Competent authorities' assessment of an application to use an IRB Approach
• amended Article 147 - Methodology to assign exposures to exposure classes
• amended Article 148 - Conditions for implementing the IRB Approach across different classes of exposure and business units
• amended Article 149 - Conditions to revert to the use of less sophisticated approaches
• amended Article 150 - Conditions for permanent partial use

Part III › Title II › Chapter 3 › Section 2 › Subsection 1

• amended Article 151 - Treatment by exposure class
• amended Article 152 - Treatment of exposures in the form of units or shares in CIUs

Part III › Title II › Chapter 3 › Section 2 › Subsection 2

• amended Article 153 - Risk-weighted exposure amounts for exposures to central governments and central banks, exposures to regional governments, local authorities and public sector entities, exposures to institutions and exposures to corporates
• amended Article 154 - Risk-weighted exposure amounts for retail exposures
• deleted Article 155 - Risk-weighted exposure amounts for equity exposures last in force on the version of 09/07/2024

Part III › Title II › Chapter 3 › Section 3

• amended Article 158 - Treatment by exposure type
• amended Article 159 - Treatment of expected loss amounts, IRB shortfall and IRB excess

Part III › Title II › Chapter 3 › Section 4 › Subsection -1

• inserted Article 159a - Non-application of PD, LGD and CCF input floors

Part III › Title II › Chapter 3 › Section 4 › Subsection 1

• amended Article 160 - Probability of default (PD)
• amended Article 161 - Loss Given Default (LGD)
• amended Article 162 - Maturity

Part III › Title II › Chapter 3 › Section 4 › Subsection 2

• amended Article 163 - Probability of default (PD)
• amended Article 164 - Loss Given Default (LGD)

Part III › Title II › Chapter 3 › Section 5

• amended Article 166 - Exposures to corporates, institutions, central governments and central banks, regional governments, local authorities and public sector entities and retail exposures
• deleted Article 167 - Equity exposures last in force on the version of 09/07/2024

Part III › Title II › Chapter 3 › Section 6 › Subsection 1

• amended Article 169 - General principles
• amended Article 170 - Structure of rating systems
• amended Article 171 - Assignment to grades or pools
• amended Article 172 - Assignment of exposures
• amended Article 173 - Integrity of assignment process
• amended Article 174 - Use of models
• amended Article 176 - Data maintenance
• amended Article 177 - Stress tests used in assessment of capital adequacy

Part III › Title II › Chapter 3 › Section 6 › Subsection 2

• amended Article 178 - Default of an obligor or credit facility
• amended Article 179 - Overall requirements for estimation
• amended Article 180 - Requirements specific to PD estimation
• amended Article 181 - Requirements specific to own-LGD estimates
• amended Article 182 - Requirements specific to own-conversion factor estimates
• amended Article 183 - Requirements for assessing the effect of unfunded credit protection for exposures to central governments and central banks, exposures to regional governments, local authorities and public sector entities, and exposures to corporates, where own estimates of LGD are used and for retail exposures

Part III › Title II › Chapter 4 › Section 1

• amended Article 192 - Definitions
• amended Article 193 - Principles for recognising the effect of credit risk mitigation techniques
• amended Article 194 - Principles governing the eligibility of credit risk mitigation techniques

Part III › Title II › Chapter 4 › Section 2 › Subsection 1

• amended Article 197 - Eligibility of collateral under all approaches and methods
• amended Article 198 - Additional eligibility of collateral under the Financial Collateral Comprehensive Method
• amended Article 199 - Additional eligibility for collateral under the IRB Approach

Part III › Title II › Chapter 4 › Section 2 › Subsection 2

• amended Article 201 - Eligibility of protection providers under all approaches
• deleted Article 202 - Eligibility of protection providers under the IRB Approach which qualify for the treatment set out in Article 153(3) last in force on the version of 09/07/2024

Part III › Title II › Chapter 4 › Section 2 › Subsection 3

• amended Article 204 - Eligible types of credit derivatives

Part III › Title II › Chapter 4 › Section 3 › Subsection 1

• amended Article 207 - Requirements for financial collateral
• amended Article 208 - Requirements for immovable property collateral
• amended Article 210 - Requirements for other physical collateral

Part III › Title II › Chapter 4 › Section 3 › Subsection 2

• amended Article 213 - Requirements common to guarantees and credit derivatives
• amended Article 215 - Additional requirements for guarantees
• amended Article 216 - Additional requirements for credit derivatives
• deleted Article 217 - Requirements to qualify for the treatment set out in Article 153(3) last in force on the version of 09/07/2024

Part III › Title II › Chapter 4 › Section 4 › Subsection 1

• amended Article 219 - On-balance-sheet netting
• amended Article 220 - Using the Supervisory Volatility Adjustments Approach for master netting agreements
• amended Article 221 - Using the internal models approach for master netting agreements
• amended Article 222 - Financial Collateral Simple Method
• amended Article 223 - Financial Collateral Comprehensive Method
• amended Article 224 - Supervisory volatility adjustment under the Financial Collateral Comprehensive Method
• amended Article 226 - Scaling up of volatility adjustment under the Financial Collateral Comprehensive Method
• amended Article 227 - Conditions for applying a 0 % volatility adjustment under the Financial Collateral Comprehensive Method
• amended Article 228 - Calculating risk-weighted exposure amounts under the Financial Collateral Comprehensive method for exposures treated under the Standardised Approach
• amended Article 229 - Valuation principles for eligible collateral other than financial collateral
• amended Article 230 - Calculating risk-weighted exposure amounts and expected loss amounts for an exposure with an eligible funded credit protection under the IRB Approach
• amended Article 231 - Calculating risk-weighted exposure amounts and expected loss amounts in the case of pools of eligible funded credit protection for an exposure treated under the IRB Approach
• amended Article 232 - Other funded credit protection
• deleted Article 225 - Own estimates of volatility adjustments under the Financial Collateral Comprehensive Method last in force on the version of 09/07/2024

Part III › Title II › Chapter 4 › Section 4 › Subsection 2

• inserted Article 235a - Calculating risk-weighted exposure amounts and expected loss amounts under the substitution approach where the guaranteed exposure is treated under the IRB Approach and a comparable direct exposure to the protection provider is treated under the Standardised Approach
• inserted Article 236a - Calculating risk-weighted exposure amounts and expected loss amounts under the substitution approach where the guaranteed exposure is treated under the IRB Approach using own estimates of LGD and a comparable direct exposure to the protection provider is treated under the IRB Approach
• amended Article 233 - Valuation
• amended Article 235 - Calculating risk-weighted exposure amounts under the substitution approach where the guaranteed exposure is treated under the Standardised Approach
• amended Article 236 - Calculating risk-weighted exposure amounts and expected loss amounts under the substitution approach where the guaranteed exposure is treated under the IRB Approach without the use of own estimates of LGD and a comparable direct exposure to the protection provider is treated under the IRB Approach

Part III › Title II › Chapter 5 › Section 3 › Subsection 1

• amended Article 252 - Treatment of maturity mismatches in synthetic securitisations

Part III › Title II › Chapter 6 › Section 2

• amended Article 273 - Methods for calculating the exposure value
• amended Article 273a - Conditions for using simplified methods for calculating the exposure value
• amended Article 273b - Non-compliance with the conditions for using simplified methods for calculating the exposure value of derivatives and the simplified approach for calculating the own funds requirements for CVA risk

Part III › Title II › Chapter 6 › Section 3

• amended Article 274 - Exposure value
• amended Article 276 - Recognition and treatment of collateral
• amended Article 277a - Hedging sets
• amended Article 279a - Supervisory delta

Part III › Title II › Chapter 6 › Section 6

• amended Article 285 - Exposure value for netting sets subject to a margin agreement
• amended Article 291 - Wrong-Way Risk

Part III › Title III › Chapter 1

• inserted Article 311a - Definitions
• amended Article 312 - Own funds requirement for operational risk
• amended Article 313 - Business indicator component
• amended Article 314 - Business indicator
• amended Article 315 - Adjustments to the business indicator

Part III › Title III › Chapter 2

• amended Article 316 - Calculation of the annual operational risk loss
• amended Article 317 - Loss data set
• amended Article 318 - Calculation of net loss and gross loss
• amended Article 319 - Loss data thresholds
• amended Article 320 - Exclusion of losses
• amended Article 321 - Inclusion of losses from merged or acquired entities or activities
• amended Article 322 - Comprehensiveness, accuracy and quality of the loss data
• amended Article 323 - Operational risk management framework

Part III › Title IV › Chapter 1

• amended Article 325 - Approaches for calculating the own funds requirements for market risk
• amended Article 325a - Conditions for using the simplified standardised approach
• amended Article 325b - Permission for consolidated requirements

Part III › Title IV › Chapter 1A › Section 1

• amended Article 325c - Scope, structure and qualitative requirements of the alternative standardised approach

Part III › Title IV › Chapter 1A › Section 2

• amended Article 325j - Treatment of collective investment undertakings

Part III › Title IV › Chapter 1A › Section 3 › Subsection 1

• amended Article 325q - Foreign exchange risk factors

Part III › Title IV › Chapter 1A › Section 3 › Subsection 2

• amended Article 325s - Vega risk sensitivities
• amended Article 325t - Requirements on sensitivity computations

Part III › Title IV › Chapter 1A › Section 4

• amended Article 325u - Own funds requirements for residual risks

Part III › Title IV › Chapter 1A › Section 5 › Subsection 1

• amended Article 325x - Net jump-to-default amounts
• amended Article 325y - Calculation of the own funds requirements for the default risk

Part III › Title IV › Chapter 1A › Section 5

• amended Article 325v - Definitions and general provisions

Part III › Title IV › Chapter 1A › Section 5 › Subsection 3

• amended Article 325ab - Scope
• amended Article 325ad - Calculation of the own funds requirements for the default risk for the ACTP

Part III › Title IV › Chapter 1A › Section 6 › Subsection 1

• amended Article 325ae - Risk weights for general interest rate risk
• amended Article 325ah - Risk weights for credit spread risk for non-securitisations
• amended Article 325ai - Intra-bucket correlations for credit spread risk for non-securitisations
• amended Article 325aj - Correlations across buckets for credit spread risk for non-securitisations
• amended Article 325ak - Risk weights for credit spread risk for securitisations included in the ACTP
• amended Article 325am - Risk weights for credit spread risk for securitisations not included in the ACTP
• amended Article 325as - Risk weights for commodity risk

Part III › Title IV › Chapter 1A › Section 6 › Subsection 2

• amended Article 325ax - Vega and curvature risk weights

Part III › Title IV › Chapter 1B › Section 1

• amended Article 325az - Alternative internal model approach and permission to use alternative internal models
• amended Article 325ba - Own funds requirements when using alternative internal models

Part III › Title IV › Chapter 1B › Section 2

• amended Article 325bd - Liquidity horizons
• amended Article 325be - Assessment of the modellability of risk factors
• amended Article 325bf - Regulatory back-testing requirements and multiplication factors
• amended Article 325bg - Profit and loss attribution requirement
• amended Article 325bh - Requirements on risk measurement
• amended Article 325bi - Qualitative requirements

Part III › Title IV › Chapter 1B › Section 3

• amended Article 325bo - Recognition of hedges in an internal default risk model
• amended Article 325bp - Particular requirements for an internal default risk model

Part III › Title IV › Chapter 2 › Section 1

• amended Article 332 - Credit Derivatives

Part III › Title IV › Chapter 2 › Section 2 › Subsection 1

• amended Article 337 - Own funds requirement for securitisation instruments
• amended Article 338 - Own funds requirement for the correlation trading portfolio

Part III › Title IV › Chapter 2 › Section 6

• amended Article 348 - Own funds requirements for CIUs

Part III › Title IV › Chapter 3

• amended Article 351 - De minimis and weighting for foreign exchange risk
• amended Article 352 - Calculation of the overall net foreign exchange position

Part III › Title IV › Chapter 4

• amended Article 361 - Extended maturity ladder approach

Part III › Title VI

• inserted Article 382a - Approaches for calculating the own funds requirements for CVA risk
• inserted Article 383b - Own funds requirements for delta and vega risks
• inserted Article 383c - Interest rate risk factors
• inserted Article 383d - Foreign exchange risk factors
• inserted Article 383e - Counterparty credit spread risk factors
• inserted Article 383f - Reference credit spread risk factors
• inserted Article 383g - Equity risk factors
• inserted Article 383h - Commodity risk factors
• inserted Article 383i - Delta risk sensitivities
• inserted Article 383j - Vega risk sensitivities
• inserted Article 383k - Risk weights for interest rate risk
• inserted Article 383l - Intra-bucket correlations for interest rate risk
• inserted Article 383m - Correlation across buckets for interest rate risk
• inserted Article 383n - Risk weights for foreign exchange risk
• inserted Article 383o - Correlations for foreign exchange risk
• inserted Article 383p - Risk weights for counterparty credit spread risk
• inserted Article 383q - Intra-bucket correlations for counterparty credit spread risk
• inserted Article 383r - Correlations across buckets for counterparty credit spread risk
• inserted Article 383s - Risk weights for reference credit spread risk
• inserted Article 383t - Intra-bucket correlations for reference credit spread risk
• inserted Article 383u - Correlations across buckets for reference credit spread risk
• inserted Article 383v - Risk weight buckets for equity risk
• inserted Article 383w - Correlations across buckets for equity risk
• inserted Article 383x - Risk weight buckets for commodity risk
• inserted Article 383z - Correlations across buckets for commodity risk
• amended Article 381 - Meaning of credit valuation adjustment
• amended Article 382 - Scope
• amended Article 383 - Standardised approach
• amended Article 383a - Regulatory CVA model
• amended Article 384 - Basic approach
• amended Article 385 - Simplified approach
• amended Article 386 - Eligible hedges

Part IV

• amended Article 394 - Reporting requirements
• amended Article 395 - Limits to large exposures
• amended Article 400 - Exemptions
• amended Article 402 - Exposures arising from mortgage lending

Part VI › Title II

• amended Article 425 - Inflows

Part VI › Title III

• amended Article 428 - Items requiring stable funding

Part VII

• amended Article 429 - Calculation of the leverage ratio
• amended Article 429a - Exposures excluded from the total exposure measure
• amended Article 429c - Calculation of the exposure value of derivatives
• amended Article 429f - Calculation of the exposure value of off-balance-sheet items
• amended Article 429g - Calculation of the exposure value of regular-way purchases and sales awaiting settlement

Part SEVENA

• amended Article 430 - Reporting on prudential requirements and financial information
• amended Article 430a - Specific reporting obligations
• deleted Article 430b - Specific reporting requirements for market risk last in force on the version of 09/07/2024

Part VIII › Title I

• amended Article 433 - Frequency and scope of disclosures
• amended Article 433a - Disclosures by large institutions
• amended Article 433b - Disclosures by small and non-complex institutions
• amended Article 433c - Disclosures by other institutions
• amended Article 434 - Means of disclosures
• amended Article 434b - Accessibility of information on the European single access point

Part VIII › Title II

• inserted Article 445a - Disclosure of CVA risk
• inserted Article 449b - Disclosure of aggregate exposure to shadow banking entities
• amended Article 438 - Disclosure of own funds requirements and risk-weighted exposure amounts
• amended Article 445 - Disclosure of exposures to market risk under the standardised approach
• amended Article 446 - Disclosure of operational risk
• amended Article 447 - Disclosure of key metrics
• amended Article 449a - Disclosure of environmental, social and governance risks (ESG risks)
• amended Article 450 - Disclosure of remuneration policy
• amended Article 451 - Disclosure of the leverage ratio

Part VIII › Title III

• amended Article 455 - Use of internal models for market risk

Part IX

• amended Article 456 - Delegated acts
• amended Article 464 - European Banking Committee

Part X › Title I › Chapter 1 › Section 1

• amended Article 465 - Transitional arrangements for the output floor

Part X › Title I › Chapter 1 › Section 3 › Subsection 1

• amended Article 473 - Introduction of amendments to IAS 19

Part X › Title I › Chapter 4

• inserted Article 494d - Reversion to less sophisticated approaches
• inserted Article 495a - Transitional arrangements for equity exposures
• inserted Article 495d - Transitional arrangements for unconditional cancellable commitments
• inserted Article 495e - Transitional arrangements for ECAI credit assessments of institutions
• inserted Article 495f - Transitional arrangements for property revaluation requirements
• inserted Article 495g - Transitional arrangements for certain public guarantees schemes
• inserted Article 495h - Transitional arrangements for the use of the alternative internal model approach for market risk
• amended Article 493 - Transitional provisions for large exposures
• amended Article 495 - Treatment of equity exposures under the IRB Approach
• amended Article 495b - Transitional arrangements for specialised lending exposures
• amended Article 495c - Transitional arrangements for leasing exposures as a credit risk mitigation technique
• amended Article 500c - Exclusion of overshootings from the calculation of the back-testing addend in view of the COVID-19 pandemic
• amended Article 501 - Adjustment of risk-weighted non-defaulted SME exposures
• amended Article 501a - Adjustment to own funds requirements for credit risk for exposures to entities that operate or finance physical structures or facilities, systems and networks that provide or support essential public services

Part X › Title II

• inserted Article 506c - Credit risk — interaction between Common Equity Tier 1 capital reductions and credit risk parameters
• inserted Article 506d - Prudential treatment of securitisation
• amended Article 505 - Review of agricultural financing

Part X › Title III

• inserted Article 520a - Application of own funds requirements for market risk
• amended Article 520 - Amendment of Regulation (EU) No 648/2012

Outside any heading

• amended Annex I - Classification of off-balance-sheet items

Part III › Title II › Chapter 3 › Section 4 › Subsection 3

• deleted Article 165 - Equity exposures subject to the PD/LGD method last in force on the version of 09/07/2024

Part III › Title II › Chapter 3 › Section 6 › Subsection 4

• deleted Article 186 - Own funds requirement and risk quantification last in force on the version of 09/07/2024
• deleted Article 187 - Risk management process and controls last in force on the version of 09/07/2024
• deleted Article 188 - Validation and documentation last in force on the version of 09/07/2024

Part III › Title II › Chapter 4 › Section 6

• deleted Article 240 - First-to-default credit derivatives last in force on the version of 09/07/2024
• deleted Article 241 - Nth-to-default credit derivatives last in force on the version of 09/07/2024

Part III › Title III › Chapter 4

• deleted Article 324 - Loss event type classification last in force on the version of 09/07/2024

Part III › Title IV › Chapter 5 › Section 1

• deleted Article 362 - Specific and general risks last in force on the version of 09/07/2024
• deleted Article 363 - Permission to use internal models last in force on the version of 09/07/2024
• deleted Article 364 - Own funds requirements when using internal models last in force on the version of 09/07/2024

Part III › Title IV › Chapter 5 › Section 2

• deleted Article 365 - VaR and stressed VaR Calculation last in force on the version of 09/07/2024
• deleted Article 366 - Regulatory back testing and multiplication factors last in force on the version of 09/07/2024
• deleted Article 367 - Requirements on risk measurement last in force on the version of 09/07/2024
• deleted Article 368 - Qualitative requirements last in force on the version of 09/07/2024
• deleted Article 369 - Internal Validation last in force on the version of 09/07/2024

Part III › Title IV › Chapter 5 › Section 3

• deleted Article 370 - Requirements for modelling specific risk last in force on the version of 09/07/2024
• deleted Article 371 - Exclusions from specific risk models last in force on the version of 09/07/2024

Part III › Title IV › Chapter 5 › Section 4

• deleted Article 372 - Requirement to have an internal IRC model last in force on the version of 09/07/2024
• deleted Article 373 - Scope of the internal IRC model last in force on the version of 09/07/2024
• deleted Article 374 - Parameters of the internal IRC model last in force on the version of 09/07/2024
• deleted Article 375 - Recognition of hedges in the internal IRC model last in force on the version of 09/07/2024
• deleted Article 376 - Particular requirements for the internal IRC model last in force on the version of 09/07/2024

Part III › Title IV › Chapter 5 › Section 5

• deleted Article 377 - Requirements for an internal model for correlation trading last in force on the version of 09/07/2024