EBA rectified Annex 1 of its implementing technical standards on benchmarking of internal approaches, which had been amended on May 04, 2017 to define the benchmarking portfolios for the 2018 benchmarking exercise.
The corrections eliminate some duplicate portfolio identifiers (IDs) in Annex 1 of the implementing technical standards, which might lead to technical and practical problems for data validation and when mapping portfolio IDs to the relevant internal models applied by banks. These corrections do not entail any change to the policy or legal content of the technical standards but facilitate effective data validation. The revised portfolio IDs should be used for data submissions in April 2018.
- October 2017 Update of Benchmarking Package for 2018 Exercise (ZIP)
- Technical Standards on Benchmarking Portfolios
Keywords: Europe, EU, Banking, Implementing Technical Standards, Internal Approaches, Benchmarking, 2018 Benchmarking Exercise, Portfolio Identifier Corrections, EBA
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