Supervision release 5 May 2020 – 24/2020

EBA measures to mitigate the impacts of the COVID-19 pandemic

On 22 April 2020, the European Banking Authority (EBA) published new measures to mitigate the impacts of the coronavirus pandemic.

Concessions in the area of market risk

  • The EBA proposes a change to technical standards concerning the prudent valuation of positions in the trading book. The change would reduce the procyclicality of the core approach, and it would be valid until the end of 2020.
  • The EBA also intends to postpone the roll-out of its so-called FRTB-SA reporting requirement by half a year, to September 2021.
  • The EBA emphasises the measures available to competent authorities concerning banks which apply internal VaR models to the calculation of capital requirements.

Other statements regarding the COVID-19 pandemic

For further information, please contact

Tommi Aarnio, Risk Expert, telephone +358 9 183 5007 or tommi.aarnio(at)