Revised Guidelines on the treatment of market and counterparty risk exposures in the standard formula

The revised Guidelines include amendments to update legal references and to clarify and streamline the text. In particular, four Guidelines are deleted. Some Guidelines are amended to broaden their application, and a new Guideline is introduced to clarify the treatment of leveraged funds.

EIOPA issued the initial Guidelines on the treatment of market and counterparty risk exposures in the standard formula in 2015. 

The revised Guidelines become applicable two months after the publication of translations into all official EU languages. Until then, the Guidelines issued in 2015 are applicable.

EIOPA’s review is taking into account the experience of national competent authorities over the past years, as well as feedback from stakeholders following a public consultation launched in December 2024.