The European Commission and the European Banking Authority published further clarification on the revised market risk capital requirements under the Fundamental Review of the Trading Book on an unspecified date. These requirements will become applicable on 1 January 2027.
The revised market risk capital requirements are part of the Fundamental Review of the Trading Book, but the specific article or section is not cited in the material.
The new requirements apply to crypto asset service providers (CASPs) and investment firms that engage in trading activities.
The deadline for compliance with these new capital requirements is set for 1 January 2027.
Firms in the crypto sector should assess the potential impacts of these new capital requirements on their operations and consider necessary adjustments to their risk management frameworks.