The European Banking Authority has launched a consultation on amendments to the Implementing Technical Standards for the 2027 market risk benchmarking exercise. The proposals are designed to keep data collection aligned with the evolving market risk framework, notably Capital Requirements Regulation 3 and the European Commission's Fundamental Review of the Trading Book Delegated Act, while giving firms and supervisors more time to prepare. Key changes would extend the exercise to institutions applying the CRR3 Alternative Standardised Approach regardless of whether they use an internal model, postpone the 2027 exercise to the second half of 2027, and defer data collection under the CRR3 Alternative Internal Model Approach. The package would also resume data collection under the CRR2 Internal Model Approach and reorganise the market risk reporting templates. The EBA described the amendments as numerous but limited in substance, with a largely technical and pragmatic focus. Some changes restore existing reporting requirements, while others make incremental updates to reflect the revised framework. The consultation closes on 3 September 2026. The EBA said the targeted approach should allow the final standards to be adopted earlier and give newly included institutions additional time to prepare for participation in the 2027 exercise.
European Banking Authority2026-07-17
European Banking Authority consults on technical amendments to 2027 market risk benchmarking, delays exercise to second half of 2027
The European Banking Authority is consulting on technical amendments to data collection for the 2027 market risk benchmarking exercise. The proposals would expand the scope to CRR3 Alternative Standardised Approach institutions, resume CRR2 Internal Model Approach reporting, delay the exercise to the second half of 2027, and postpone CRR3 Alternative Internal Model Approach data collection. The consultation closes on 3 September 2026.