On October 30, 2014, the EBA, European Securities and Markets Authority and European Insurance and Occupational Pensions Authority, together known as the Joint Committee of the European Supervisory Authorities, published an addendum to their consultation paper on draft implementing technical standards (“ITS”) on the mapping of the credit assessments to risk weights of external credit assessment institutions (“ECAIs”) (i.e. credit rating agencies) under the CRR. The addendum comprises the relevant ECAIs’ individual mapping tables and provides further explanations and details on the application of the ITS to the relevant ECAIs. The consultation is now reopened and will close on November 30, 2014.

The addendum is available at: http://www.eba.europa.eu/documents/10180/877382/JC-CP-2014- 01add+%28Addendum+to+Joint+CP+on+draft+ITS+on+the+mapping+of+ECAIs %29%20-for+publication.pdf.