Technical standards for back-testing and P&L attribution (Reg 575/2013)
COMCMT1R-EP1R-C2R-EPCNCADO
Updated 50mo ago
This regulation sets out detailed technical standards for banks on how to back-test their risk models and attribute profits and losses. This ensures the models used to calculate capital requirements are accurate and reliable.
These rules apply to banks and credit institutions, affecting how they manage financial risks and report their performance. It aims to strengthen financial stability across the EU.