News & Press
The EBA streamlines supervisory approvals for IRB model changes
The European Banking Authority (EBA) is making the supervisory approval process for banks using Internal Ratings Based (IRB) models more efficient. Today’s publication of the Regulatory Technical Standards (RTS) on material model changes introduces targeted amendments that significantly reduce the number of changes classified as material, allowing supervisors to apply a more risk‑based approach in the supervision of IRB models. This will ease the administrative burden on both banks and supervisors while maintaining appropriate supervisory oversight.
François-Louis Michaud to take up his role as Chair of the European Banking Authority
François-Louis Michaud will take up his position as Chair of the European Banking Authority (EBA) as from the 16 April 2026, following today’s formal appointment by the Council of the European Union.