Article

How are firms handling IRRBB changes?

In recent years, the banking industry has been subject to substantial regulatory reporting revisions, including the European Banking Authority’s (EBA) proposed changes to the Interest Rate Risk in the Banking Book (IRRBB).

Announced in July 2023, these updates aim to enhance risk management practices and safeguard financial stability in the face of interest rate fluctuations, imposing significant increases in volume and complexity.

In a recent webinar, we polled attendees to better understand how firms are grappling with all the changes surrounding IRRBB regulations. Explore the results of the poll, along with perspectives from our SMEs on what they mean.

We've asked attendees

What do you perceive as the biggest challenge in implementing the new IRRBB reporting requirements in your organization?

  • 32%

    Understanding all the regulatory changes and implications

  • 24%

    Managing data complexities and ensuring data accuracy

  • 20%

    Integrating and aligning IRRBB reporting with other regulatory requirements

  • 16%

    Adapting internal systems and processes to meet the new reporting standards

Download the article for more insights →

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