Regulatory Alerts2021-12-24
Implementation of EBA Guidelines on the treatment of structural foreign exchange positions for banks and investment firms (EBA/GL/2020/09)
The Bank of Italy issued a communication on December 21, 2021, to implement the EBA Guidelines on the treatment of structural foreign exchange positions for banks and investment firms (EBA/GL/2020/09). The document provides the official reporting schema and operational instructions for compliance with these regulatory standards. This measure ensures that financial institutions adhere to the specified requirements for managing structural FX risks.
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