GBIC comments on EBA’s consultation to amend the data collection for the benchmarking exercise in 2024

The European Banking Authority (EBA) published a consultation paper in December 2022 to amend the Implementing Regulation on the benchmarking of credit risk, market risk and IFRS9 models for the 2024 exercise. The most significant change is the roll out of the data collection for the benchmarking of accounting metrics (IFRS9) to high default portfolios (HDP).

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