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Changes from plenary report to adopted text

A-9-2023-0030 → TA-9-2024-0363

From
A-9-2023-0030 Plenary report of 10 Feb 2023
To
TA-9-2024-0363 Adopted text of 24 Apr 2024
Changes
Not comparable
Paragraphs
+12 added · −2 829 removed · 1 changed
More facts (2)
Title (from)
on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor
Title (to)
Amending Regulation (EU) No 575/2013 as regards requirements for credit risk, credit valuation adjustment risk, operational risk, market risk and the output floor
Cite Link to this page

These two texts have too little in common to be compared paragraph by paragraph (under 15 % of their paragraphs match): they are different documents rather than versions of one — for example a group’s motion and the joint text that was adopted.

Every difference

The full paragraph comparison, packaging included; long runs of unchanged paragraphs are folded. One part of the text per page.

Part 38 of 48: Paragraphs 2221–2280

Removed1. Institutions shall calculate delta sensitivities consisting of interest rate risk factors as follows:

Removed(a) the delta sensitivities of the aggregate CVA to risk factors consisting of risk-free rates, as well as of an eligible hedge to those risk factors, shall be calculated as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to a risk-free rate risk factor;

Removed= the value of the risk-free rate risk factor k with maturity t;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Removed= risk factors other than in ;

Removed= the sensitivities of the eligible hedge i to a risk-free rate risk factor;

Removed= the pricing function of the eligible hedge i;

Removed= risk factors other than in the pricing function .

Removed(b) the delta sensitivities to risk factors consisting of inflation rates as well as of an eligible hedge to those risk factor, shall be calculated as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to an inflation rate risk factor;

Removed= the value of an inflation rate risk factor k with maturity t;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Removed= risk factors other than in ;

Removed= the sensitivities of the eligible hedge i to an inflation rate risk factor;

Removed= the pricing function of the eligible hedge i;

Removed= risk factors other than in the pricing function .

Removed2. Institutions shall calculate the delta sensitivities of the aggregate CVA to risk factors consisting of foreign exchange spot rates, as well as of an eligible hedge instrument to those risk factors, as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to a foreign exchange spot rate risk factor;

Removed= the value of the foreign exchange spot rate risk factor k;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Removed= risk factors other than in ;

Removed= the sensitivities of the eligible hedge i to a foreign exchange spot rate risk factor;

Removed= the pricing function of the eligible hedge i;

Removed= risk factors other than in the pricing function .

Removed3. Institutions shall calculate the delta sensitivities of the aggregate CVA to risk factors consisting of counterparty credit spread rates, as well as of an eligible hedge instrument to those risk factors, as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to a counterparty credit spread rate risk factor;

Removed= the value of the counterparty credit spread rate risk factor k at maturity t;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Removed= risk factors other than in ;

Removed= the sensitivities of the eligible hedge i to a counterparty credit spread rate risk factor;

Removed= the pricing function of the eligible hedge i

Removed= risk factors other than in the pricing function .

Removed4. Institutions shall calculate the delta sensitivities of the aggregate CVA to risk factors consisting of reference credit spread rates, as well as of an eligible hedge instrument to those risk factors, as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to a reference credit spread rate risk factor;

Removed= the value of the reference credit spread rate risk factor k at maturity t;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Removed= risk factors other than in ;

Removed= the sensitivities of the eligible hedge i to a reference credit spread rate risk factor;

Removed= the pricing function of the eligible hedge i

Removed= risk factors other than in the pricing function .

Removed5. Institutions shall calculate the delta sensitivities of the aggregate CVA to risk factors consisting of equity spot prices, as well as of an eligible hedge instrument to those risk factors, as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to an equity spot price risk factor;

Removed= the value of the equity spot price;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Removed= risk factors other than in ;

Removed= the sensitivities of the eligible hedge i to an equity spot price risk factor;

Removed= the pricing function of the eligible hedge i;

Removed= risk factors other than in the pricing function .

Removed6. Institutions shall calculate the delta sensitivities of the aggregate CVA to risk factors consisting of commodity spot prices, as well as of an eligible hedge instrument to those risk factors, as follows:

Removedwhere:

Removed= the sensitivities of the aggregate CVA to a commodity spot price risk factor;

Removed= the value of the commodity spot price;

Removed= the aggregate CVA calculated by the regulatory CVA model;

Sources & citation

Where the facts on this page come from, and how to cite it.

Permalink
https://news.eu-parl.st-solutions.dev/texts/A-9-2023-0030/compare/TA-9-2024-0363?all=1&part=38
Data source
Licensed CC BY 4.0.
Retrieved
1 October 2026

Cite as

European Parliament (2024). “Changes between A-9-2023-0030 and TA-9-2024-0363”. Text, 24 April 2024. from A-9-2023-0030, to TA-9-2024-0363. EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/texts/A-9-2023-0030/compare/TA-9-2024-0363?all=1&part=38 (retrieved 1 October 2026). Data: European Parliament Open Data, https://data.europarl.europa.eu/ (CC BY 4.0).
BibTeX 
@misc{epw-text-2024-04-24,
  author = {{European Parliament}},
  title = {{Changes between A-9-2023-0030 and TA-9-2024-0363}},
  year = {2024},
  date = {2024-04-24},
  howpublished = {\url{https://news.eu-parl.st-solutions.dev/texts/A-9-2023-0030/compare/TA-9-2024-0363?all=1&part=38}},
  url = {https://news.eu-parl.st-solutions.dev/texts/A-9-2023-0030/compare/TA-9-2024-0363?all=1&part=38},
  urldate = {2026-10-01},
  publisher = {EU Parl Watch Research},
  note = {Text. from A-9-2023-0030, to TA-9-2024-0363. Data: European Parliament Open Data (CC BY 4.0)}
}