The European Banking Authority has updated its Q&A on the Single Rulebook which contains new answers to questions covering the following topics:
- definition of the exposure portfolio for which permanent partial use of standardised approach can be applied for by a credit institution using the IRB approach (Question ID: 2014_1678);
- liquidity requirements – scope of applicability for investment firms (Question ID: 2014_1645);
- publication of gross or net positions for derivative transactions (Question ID: 2014_1640); and
- interaction of Article 227 of the Capital Requirements Regulation (0% volatility adjustment under the Financial Collateral Comprehensive Method) and Article 401(3) (stress test of realisable value of collateral) (Question ID: 2014_1573).
View EBA Single Ruebook Q&A, 10 April 2015