On September 5, 2014, the implementing technical standards ("ITS") relating to relevant appropriately diversified indices for the calculation of capital requirements for equity risk according to the Capital Requirements Regulation ("CRR") were published in the Official Journal of the European Union. The ITS is based on the draft ITS submitted to the Commission by the European Banking Authority and contains a list of stock indices meeting the requirements of the CRR.
The ITS will enter into force on September 25, 2014. The ITS is available at: http://eur-lex.europa.eu/legal-content/EN/TXT/PDF/?uri=OJ:JOL_2014_265_R_0002&rid=1.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
