[PDF] Final draft EBA RTS on SCA & CSC - Banque de France

What is the RTS on sca&csc?

In fulfilment of this mandate, the EBA developed the RTS on strong customer authentication and common and secure open standards of communication (the RTS on SCA&CSC), which were subsequently published in the Official Journal of the EU as an EU Delegated Regulation and are directly applicable across the 27 EU Member States since 14 September 2019.

Does the ECB consider 78(2) & (3) of the final draft RTS?

With regard to the soundness and robustness of institutions’ IT infrastructure, the ECB considers that Article 78(2) and (3) of the Final Draft RTS on assessment methodology for IRB provides a good understanding of the elements that institutions should take into account in order to comply with the data-related requirements of the CRR. 5 6.

Is there a 180-day period for the renewal of SCA and CSC?

FINAL REPORT ON THE DRAFT RTS AMENDING THE RTS ON SCA&CSC 12 28. Having assessed the arguments presented by these respondents, the EBA has decided to retain the proposed 180-day period for the renewal of SCA.

What is a final draft RTS?

Final Draft RTS on the specification of the assessment methodology for competent authorities regarding compliance of an institution with the requirement to use internal models for market risk and assessment of significant share. 2 These specify how competent authorities should assess compliance with the regulatory framework