- Question ID
-
2024_7076
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Market risk
- Article
-
104b
- Paragraph
-
2
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Not applicable
- Article/Paragraph
-
Not applicable
- Type of submitter
-
Consultancy firm
- Subject matter
-
Trading desk requirements for Standardized approach perimeter
- Question
-
Could you please confirm whether all desks in the prudential perimeter, independently from the internal model or standardized approach, should respect the requirements for trading desks reported in Article 104b and other provisions for trading desks?
- Background on the question
-
Article 4 par. 144 CRR2/CRR3 provides the definition of the trading desk without referring neither to internal model approach nor to standardized approach. Article 104b CRR2/CRR3, which defines requirements for the trading desk, refers in par. 1 to the perimeter calculated under A-IMA approach (Article 325 par. 1, point (b)), implying that the requirements apply exclusively to internal model desks. This is also confirmed by EBA/RTS/2023/05 on Assessment Methodology in paragraph 2.1. However, Art. 455 par. 1 (d) requires to provide general description of the desk structure not covered by internal models in accordance with Article 104b, implying that also desks calculated with standardized approach should comply with the provision included in the Article 104b for the trading desks.
- Submission date
- Rejected publishing date
-
- Rationale for rejection
-
This question has been rejected because it is considered that EBA guidance or clarification is not needed with regard to the issue that it raises. For example, this can be the case where it is considered that the existing regulatory framework is sufficiently clear and unambiguous, or where different practices may be possible but it is not currently necessary to harmonise these further through the Q&A process.
The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts.
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- Status
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Rejected question