Article 495v

  • EBA FRTB No-Action Letter: The 31 March 2027 Multiplier Eligibility Test

    On 3 August 2026 the European Banking Authority published an EBA FRTB no-action letter (EBA/Op/2026/08) on the boundary between the trading book and the banking book, alongside a set of technical considerations on how EU banks should apply the market risk framework once the European Commission’s third FRTB Delegated Act takes effect. Both documents attach…