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Recital 1

(1) Regulation (EU) 2019/876 of the European Parliament and of the Council (2) amended Regulation (EU) No 575/2013, inter alia, to introduce as a reporting requirement into that Regulation the Fundamental Review of the Trading Book (FRTB) standards, which is a comprehensive set of own funds requirements for market risk exposures developed by the Basel Committee on Banking Supervision (BCBS). Regulation (EU) 2024/1623 of the European Parliament and of the Council (3) amended Regulation (EU) No 575/2013 once more, inter alia, to transform the FRTB standards into binding requirements for the calculation of own funds requirements for market risk.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-16 · Text as adopted (Official Journal); later amendments are not incorporated in this text.