EBA is consulting on draft RTS under article 379 of the impending Capital Requirements Regulation. The RTS set out how to calculate a firm’s exposure to connected clients where the firm is invested in transactions with underlying assets, such as securitisations or funds. Where a firm cannot look through and identify the obligors of all credit risk exposures, EBA proposes that those exposures be added to one hypothetical “unknown client”. Large exposures limits would apply to this “unknown client” in the same way they apply to other single clients. EBA asks for comments by 16 August. (Source: EBA Consults on Exposures to Underlying Assets)