Article summary
The European Banking Authority (EBA) is consulting on draft regulatory technical standards (RTS) to specify the conditions and the criteria to assess whether the credit valuation adjustment (CVA) risk exposures arising from fair-valued securities financing transactions are material, as well as the frequency of that assessment. The concept of materiality set out in the draft RTS will determine whether fair-valued securities financing transactions can be exempted from own funds requirements for CVA risk. Responses are sought by 8 October 2024.
To continue reading this news article, as well as thousands of others like it, sign in with LexisNexis or register for a free trial