Skip to content
Banking Rule Book
Text applicable on 1 Jan 2027Consolidated version of 1 Jan 2027Future dateUnofficial text · authentic on EUR-Lex (opens in a new tab)

CRR Article 495i — as applicable on 1 Jan 2027 (version of 1 Jan 2027)

Article 495i

Transitional provisions as regards the profit and loss attribution test under the alternative internal model approach for market risk

1.

By way of derogation from Article 325az(2), point (d), and until 31 December 2029, institutions may use the alternative internal model approach to calculate their own funds requirements for market risk for trading desks that do not meet the requirements laid down in Article 325bg.

2.

For the purposes of paragraph 1, institutions shall consider that, for the trading desks in scope, the theoretical changes in the value of those trading desks’ portfolios, based on the institutions’ risk measurement models, are close to the hypothetical changes in the value of those trading desks’ portfolios, based on the institutions’ pricing models.