On August 4, 2016, the EBA published an amended version of its ITS on benchmarking of internal approaches under the CRD. The ITS have been amended to assist regulators in their 2017 benchmarking assessment of internal approaches for credit risk and market risk. The 2016 exercise covered credit risk for so-called high-default portfolios (small and medium enterprises and retail) and market risk portfolios. The 2017 exercise will focus on low-default portfolios. The EBA noted that it intends to update the ITS annually to ensure the quality of future benchmarking exercises. The amended ITS have been published as a package of documents with consolidated instructions, templates and annexes. The amended ITS have been submitted to the European Commission but have not yet been adopted.

The amended ITS is available at: http://www.eba.europa.eu/documents/10180/1539314/EBA-ITS-2016- 04+(Final+draft+ITS+amending+Regulation+on+Benchmarking).pdf and the amended draft benchmarking package is available at: