b

# CVA regulation


## BIS

- 2020

https://www.bis.org/bcbs/publ/d488.pdf

- 2015⏎⏎ https://www.bis.org/bcbs/publ/d325.pdf

## reviews

- [The Effects of FRTB in the CVA Risk Framework](https://www.iasonltd.com/doc/rps/2018/2018_The%20Effect%20of%20the%20FRTB%20in%20the%20CVA%20Risk%20Framework_.pdf)

Another important point that distinguish the SA-CVA proposal to the FRTB-SBM is the fact that
banks need to meet three main eligibility criteria in order to be authorised to apply it, even if it is a
standardised method:
1. The ability to calculate CVA sensitivities;
2. A robust methodology to approximate the credit spread for illiquid counterparties 2;
3. **The existence of a dedicated CVA risk management function**⏎
⏎
# Parents

* XVA (valuation adjustments for derivatives)