The EBA published today the final set of templates and instructions that institutions participating in the Quantitative Impact Study (QIS) on the definition of default should complete and submit to their respective Competent Authorities (CAs) by 10 December 2015 at the latest.

The information submitted will help the EBA estimate the impact of the requirements set out in its proposed draft Regulatory Technical Standards (RTS) and Guidelines aiming to harmonise the definition of default across the EU prudential framework.

The final templates and instructions address the comments received from institutions during a consultation period that ended on 19 October 2015.