(6)The assessment methodology relating to governance aspects should take into account that certain institutions that ask for permission to use the alternative internal model approach already obtained approval, before Regulation (EU) No 575/2013 was amended by Regulation (EU) 2019/876 of the European Parliament and of the Council 2 , to use an internal model to calculate the own funds requirements for market risk. It is therefore necessary to lay down assessment rules that are similar to those laid down in the past for those aspects that were not amended by Regulation (EU) 2019/876, and to introduce new rules that cover new provisions introduced by that Regulation, including the trading desk requirements laid down in Article 104b of Regulation (EU) No 575/2013.
Recital 6
- 2 Regulation (EU) 2019/876 of the European Parliament and of the Council of 20 May 2019 amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements, and Regulation (EU) No 648/2012 ( OJ L 150, 7.6.2019, p. 1 , ELI: http://data.europa.eu/eli/reg/2019/876/oj ). ↩