RTS: Assessment methodology for Internal Ratings Based Approach (IRB)
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 58mo ago
This regulation sets out technical standards for how national authorities assess if banks and investment firms correctly use the Internal Ratings Based (IRB) approach. This approach allows institutions to use their own internal models for calculating capital requirements.
It affects credit institutions and investment firms that use the IRB approach. The standards ensure consistent and robust assessment of compliance, contributing to financial stability across the EU.