EBA · 2026_7993 Rejected question

Instrument on unallocated Gold according to alternative standardised approach for market risk

Name: Instrument on unallocated Gold according to alternative standardised approach for market risk: EBA Q&A — EU Financial Regulatory Q&A
Creator: European Banking Authority
License: https://creativecommons.org/licenses/by/4.0/

Regulation: Regulation (EU) No 575/2013 (CRR)
Article: 325p
Topic: Market risk
Submitted by: Credit institution
Submitted: 2026-09-16

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Question

Should the gold sensitivities of instruments related to unallocated gold, as calculated under the alternative standardized approach for market risk, be included in commodity risk or foreign exchange risk?

Background

An unallocated gold account is a custody arrangement in which investors hold a claim to gold, but not to specific bars. Article 325as, which establishes the buckets for the “Commodity” asset class, designates bucket 7 as the category for precious metals, including gold. Under the simplified method, gold is included in foreign exchange risk, as specified in Article 352.

No answer published yet.

Original source: European Banking Authority, Q&A ID 2026_7993

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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