Regulatory Alerts2024-03-15
Added · Updated
Commission Implementing Regulation (EU) 2024/855 amending supervisory reporting rules for interest rate risk in the banking book
The European Commission amends Implementing Regulation (EU) 2021/451 to establish new supervisory reporting templates for interest rate risk in the banking book (IRRBB). Institutions must submit data on economic value of equity, net interest income, and market value changes using specific quarterly and annual templates based on their size, with small and non-complex institutions utilizing simplified formats. The regulation enters into force on the twentieth day following its publication and applies from 1 September 2024, with reporting commencing no earlier than for the reference date of 30 September 2024.
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