(70)

Article 143 is amended as follows: paragraph 2 is replaced by the following: ‘2. Prior permission to use the IRB Approach, including own estimates of LGD and IRB-CCF, shall be required for each exposure class and for each rating system and for each approach to estimating LGDs and CCFs used.’ ; in paragraph 3, first subparagraph, points (a) and (b) are replaced by the following: ; material changes to the range of application of a rating system that the institution has received permission to use; material changes to a rating system that the institution has received permission to use.’ paragraphs 4 and 5 are replaced by the following: ‘4. Institutions shall notify the competent authorities of all changes to rating systems. 5. EBA shall develop draft regulatory technical standards to specify the conditions for assessing the materiality of the use of an existing rating system for other additional exposures not already covered by that rating system and changes to rating systems under the IRB Approach. EBA shall submit those draft regulatory technical standards to the Commission by 10 January 2026. Power is delegated to the Commission to supplement this Regulation by adopting the regulatory technical standards referred to in the first subparagraph of this paragraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010.’ ;

← (f) · All articles · (a) →

Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.