ESAs publish amended technical standards on the mapping of ECAIs under the Capital Requirements Regulation

May 20th, 2019

The Joint Committee of the three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published today a second amendment to the Implementing Technical Standards (ITS) on the mapping of credit assessments of External Credit Assessment Institutions (ECAIs) for credit risk under the Capital Requirements Regulation (CRR). The amendment reflects the outcome of a monitoring exercise on the adequacy of existing mappings. The ITS are part of the EU Single Rulebook for banking aimed at creating a safe and sound regulatory framework consistently applicable across the European Union (EU).

Further details can be found here.

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