What changes on 17/07/2025

The text in force from 14/05/2024 compared with the text from 17/07/2025, which includes the changes made by Commission Delegated Regulation (EU) 2025/1275.

Read the act as of 17/07/2025 · other versions: 14/05/2024

Chapter I

• amended Article 1 - Definitions
• amended Article 2 - Non-trading book positions included in the evaluation
• amended Article 3 - Materiality of non-trading book positions
• amended Article 4 - Classification of the scenarios

Chapter II

• amended Article 5 - General requirements for allocating notional repricing cash flows
• amended Article 6 - Fixed rate instruments
• amended Article 7 - Floating rate instruments
• amended Article 8 - Non-maturity deposits
• amended Article 9 - Fixed rate loans that are subject to the risk of early repayment
• amended Article 10 - Fixed rate term deposits that are subject to the risk of early redemption
• amended Article 11 - Derivative instruments without optionality
• amended Article 12 - Non-performing exposures and fixed rate loan commitments to retail counterparties
• amended Article 13 - Economic value of equity add-on for automatic interest rate options

Chapter III

• amended Article 14 - Requirements for allocating notional repricing cash flows
• amended Article 15 - Net interest income add-on for automatic interest rate options up to the net interest income time horizon

Chapter IV

• amended Article 17 - Calculation of the economic value of equity and changes in the economic value of equity

Chapter V

• amended Article 19 - Calculation of the contribution of the projected risk-free interest rate on the reinvestment or refinancing of notional repricing cash flows
• amended Article 20 - Calculation of the contribution of the projected commercial margin on the reinvestment or refinancing of notional repricing cash flows
• amended Article 21 - Calculation of interest payments or part of interest payments that occur up to and including their reset date
• amended Article 22 - Market value changes for instruments held at fair value maturing beyond the net interest income time horizon
• amended Article 23 - Net interest income add-on for basis risk
• amended Article 24 - Calculation of the net interest income and changes in the net interest income

Chapter VI

• amended Article 25 - Simplified standardised methodology for the calculation of the economic value of equity and changes in the economic value of equity
• amended Article 26 - Simplified standardised methodology for the calculation of the net interest income and changes in the net interest income

Outside any heading

• amended Annex 1