Recital 21

(21)The market risk requirements laid down in Regulation (EU) 2024/1623 will start to apply as of 1 January 2027. To avoid conflicting requirements for institutions, it is therefore necessary to align the date of application of this Regulation with that date. To avoid uncertainty among market participants and public authorities, this Regulation should enter into force on the day following that of its publication in the Official Journal of the European Union ,