(1)Regulation (EU) 2019/876 of the European Parliament and of the Councilnote 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 Councilnote further amended Regulation (EU) No 575/2013, inter alia, to transform the FRTB standards into binding requirements for the calculation of own funds requirements for market risk.
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