FRTB: ECB postpones model approval deadline

Postponement follows Basel’s decision to revise key elements of new market risk framework

The ECB is delaying the deadline by which IMA banks submit their models for regulatory approval

The European Central Bank has postponed the cut-off date by when banks opting for an own-models approach under the forthcoming revised market risk framework must submit their models for regulatory approval.

François-Louis Michaud – the deputy director-general of microprudential supervision at the ECB’s bank watchdog, the single supervisory mechanism (SSM), who is responsible for approving internal model applications – confirmed the delay on a conference call this morning (March 28).

The move

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here