The European Banking Authority has launched this Consultation on draft Regulatory Technical Standards with a view to the RTS becoming part of the Single rulebook aimed at enhancing regulatory harmonisation in the EU.

The proposed draft RTS relate to prudential filters applied to own funds and they specify the criteria for defining the close correspondence between the fair value of the covered bonds and the fair value of the assets for the purpose of calculating capital requirements. The consultation runs until 1 September 2013.