Search
3 results
EBA launches consultation on technical standards specifying the prudential treatment of software assets
The European Banking Authority (EBA) launched today a consultation on draft Regulatory Technical Standards (RTS) specifying the prudential treatment of software assets. As the banking sector is moving towards a more digital environment, the aim of these draft RTS is to achieve an appropriate balance between the need to maintain a certain margin of conservatism in the prudential treatment of software assets and their relevance from a business and an economic perspective. The consultation runs until 09 July 2020.
EBA CP 2020 11 (Draft CP on the RTS on prudential treatment of software assets)_2.pdf
EBA consultation paper proposing draft Regulatory Technical Standards on the prudential treatment of software assets under the Capital Requirements Regulation (CRR), aiming to amend Own Funds requirements for banks amid COVID-19 capital relief measures.