EBA has published correspondence between Olivier Guersent, European Commission, DG FISMA and Andrea Enria, EBA Chairman. The first letter relates to the Commission’s intention to amend the draft ITS submitted by EBA with regard to benchmarking of internal approaches in accordance with the Capital Requirements Directive (CRD). The amendments are largely correcting oversights or providing clarification but do include the postponement of the date by which banks have to report their calculations to competent authorities and EBA to 30 June. The other letter concerns EBA’s response to the Commission’s calls for advice in relation to revisions of the own fund requirements for market risk, counterparty credit risk, exposures to central counterparties, large exposures and follow-up to EBA’s report on net stable funding requirement (NSFR). (Source: EBA publishes capital requirements correspondence – benchmarking ITS and calls for advice response)