On 9 December 2019, there was published in the Official Journal of the European Union (OJ), Commission Implementing Regulation (EU) 2019/2091 (the Amending Regulation) amending Implementing Regulation (EU) 2015/2197 with regard to closely correlated currencies in accordance with the Capital Requirements Regulation (CRR).
The Amending Regulation replaces the text of the Annex to Implementing Regulation (EU) 2015/2197 to update the list of closely correlated currencies. This is necessary to ensure that the currency pairs referred to in the Annex continue to reflect the actual correlation between the relevant currencies. The list uses 31 March 2018 as the end date for the purpose of computing the three and five-year data series required to assess currency pairs.
The Amending Regulation enters into force on the twentieth day following that of its publication in the OJ (29 December 2019).