Credit RWAs for EU, UK banks up in Q1 amid IRB clampdown

Reforms to improve comparability of internal models compound declining asset quality

UK and European Union banks’ modelled credit risk-weighted assets (RWAs) lurched higher in the first quarter, as the regulatory straightening of internal-ratings based (IRB) models compounded deteriorating asset quality at some lenders.

The turn of the year marked the deadline to implement the European Banking Authority’s (EBA) IRB model repair programme, which has been ongoing since 2016. It also saw the adoption of an harmonised definition of default for the bloc and, in the UK, the

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

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