Art. 495k · Transitional provisions on data requirements for the assessment of modellability of new issuances

Version in force 1 January 2027, Inserted +865 −0§

Amended by Regulation (EU) 2026/1221 32026R1221 on EUR-Lex (external, EUR-Lex)

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This new provision sets out transitional rules on the data institutions consider when assessing whether risk factors from recently issued or created instruments are modellable, departing from Article 1(2) and Article 4 of Delegated Regulation (EU) 2022/2060 until 31 December 2029.

It specifies that the observation period for such new risk factors begins on the day the instruments are first issued or traded in the market, and that the minimum number of verifiable representative prices required under that Delegated Regulation is prorated for the twelve months following that issuance or first trading date.

Cited: Art. 495k, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 495k
Transitional provisions on data requirements for the assessment of modellability of new issuances
By way of derogation from Article 1(2) and Article 4 of Delegated Regulation (EU) 2022/2060 and until 31 December 2029, institutions, when assessing the modellability of risk factors in accordance with Article 325be of this Regulation, shall consider that for new risk factors from recently issued or recently created instruments:
(a) the observation period referred to in Article 1(1) and Article 4 of Delegated Regulation (EU) 2022/2060 begins on the day on which those instruments are issued or traded for the first time in the market;
(b) the minimum number of verifiable prices which are representative of the risk factor in accordance with that Delegated Regulation are prorated until 12 months after that issuance or after that first trading date.