EBA has published the final templates and instructions for its Quantitative Impact Study on the definition of default under the CRR (see FReD 16 October). These should be submitted by participating institutions to their respective competent authorities by 10 December. EBA is trying to estimate the impact of the requirements set out in its proposed draft RTS and guidelines aiming to harmonise the definition of default across the EU prudential framework. (Source: EBA Finalises Instructions for Study on Default)