The EBA has launched a consultation on Draft Regulatory Technical Standards (RTS) on the specification of the calculation of specific and general credit risk adjustments and the RTS will form part of the Single rulebook aimed at enhancing regulatory harmonisation in Europe.

The main features of the RTS elaborate on the specification for the calculation of specific credit risk adjustments and general credit risk adjustments under the applicable accounting framework for the determination of exposure values, treatment of expected loss amounts and the determination of default.

The consultation runs until 30 September.