The latest exercises showed improved consistency in market and credit risk modelling, though pockets of variability and technical challenges remain.
The European Banking Authority (EBA) published its 2025 reports on the annual benchmarking exercises for market and credit risks on 18 June. EBA noted that these exercises assess the consistency and reliability of banks’ internal models EBA noted that these exercises assess the consistency and reliability of banks’ internal models across the European Union, while identifying areas that may require supervisory attention as regulatory reforms move towards full implementation.