Recital 1

›

(1)Regulation (EU) 2024/1623 of the European Parliament and of the Council ² amended some provisions of Regulation (EU) No 575/2013, to introduce a small number of remaining BCBS requirements that had not been implemented in the previous banking package and some clarifications to the already existing requirements. Those amendments should therefore be reflected in Commission Delegated Regulations (EU) 2022/2059 ³ , (EU) 2022/2060 ⁴ and (EU) 2023/1577 ⁵ , supplementing Regulation (EU) No 575/2013.

4 Commission Delegated Regulation (EU) 2022/2060 of 14 June 2022 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying the criteria for assessing the modellability of risk factors under the internal model approach (IMA) and specifying the frequency of that assessment under Article 325be(3) of that Regulation ( OJ L 276, 26.10.2022, p. 60 , ELI: http://data.europa.eu/eli/reg_del/2022/2060/oj ). ↩
5 Commission Delegated Regulation (EU) 2023/1577 of 20 April 2023 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards on the calculation of the own funds requirements for market risk for non-trading book positions subject to foreign exchange risk or commodity risk and the treatment of those positions for the purposes of the regulatory back-testing requirements and the profit and loss attribution requirement under the alternative internal model approach ( OJ L 193, 1.8.2023, p. 1 , ELI: http://data.europa.eu/eli/reg_del/2023/1577/oj ). ↩
2 Regulation (EU) 2024/1623 of the European Parliament and of the Council of 31 May 2024 amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor ( OJ L, 2024/1623, 19.6.2024, ELI: http://data.europa.eu/eli/reg/2024/1623/oj ). ↩
3 Commission Delegated Regulation (EU) 2022/2059 of 14 June 2022 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying the technical details of back-testing and profit and loss attribution requirements under Articles 325bf and 325bg of Regulation (EU) No 575/2013 ( OJ L 276, 26.10.2022, p. 47 , ELI: http://data.europa.eu/eli/reg_del/2022/2059/oj ). ↩