Report on the impact on the volatility of own funds of the revised IAS 19 and the deduction of defined pension assets from own funds

Article 519 of Regulation (EU) No 575/2013 (Capital Requirements Regulation - CRR) gives a mandate to the EBA to prepare a report on whether the revised IAS 19 Employee Benefits in conjunction with the deduction of net pension assets as set out in Article 36(1)(e) and changes in net pension liabilities lead to undue volatility of institutions' own funds.