Guidelines on the treatment of structural FX under Article 352(2) of the CRR

Final and translated into the EU official languages

These Guidelines on the application of the structural FX provision aim at setting a regulatory framework on Structural FX as a response to the observed diversity in its application across the EU. In particular, they identify criteria to assist Competent Authorities in their assessment of the structural nature of a foreign-exchange position and whether such position has been deliberately taken for hedging the capital ratio.

Press Release

Consultation Papers