--- title: "EBA Q&A 2018_4045 — Q&A — Transaction Risk Analysis (TRA) exemption – Frequency [Final Q&A]" shortTitle: "EBA Q&A 2018_4045 — Q&A — Transaction Risk Analysis (TRA) exemption – Frequency [Final Q&A]" answer_id: EBA_QA_2018_4045 status: "Final Q&A" type: qa instrument_type: qa authority: EBA binding: false binding_character: non_binding legal_status: in_force regulation: "PSD2" psd2_level3: true mica_level2: false legal_basis: "Article 98 PSD2" date: 7 June 2019 source_link: https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2018_4045 lifecycle: "Final Q&A" text_version: "EBA Q&A register, 7 June 2019" source_url: "https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2018_4045" check_status: matched verified: true last_checked: 2026-10-26 checked_against: "the EBA publication" source: prepared_by: "EBA" published_by: "EBA" published_in: "EBA Single Rulebook Q&A tool" evidence: prepared_by: "Answer prepared by the EBA." locator: "EBA Q&A register entry 2018_4045, field 'Answer prepared by'" document_type: "qa_answer" legal_nature: "not_legislation" addressees: "not stated in the document" dates: published_on: "2019-06-07" question_submitted_on: "2018-06-28" locators: published_on: "EBA Q&A register entry 2018_4045, field 'Final publishing date'" question_submitted_on: "EBA Q&A register entry 2018_4045, field 'Submission date'" lifecycle_label: "Final Q&A" --- **Answer by the EBA, published in its Q&A tool · not legislation · published 7 Jun 2019 [Final Q&A]** *Final Q&A · EBA Q&A register, 7 June 2019 · Checked against the EBA publication on 26 Oct 2026 · [Official source](https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2018_4045)* | | | |---|---| | **Full title** | EBA Q&A 2018_4045 — Q&A — Transaction Risk Analysis (TRA) exemption – Frequency \[Final Q&A\] | | **Prepared by** | EBA | | **Published by** | EBA, in the EBA Single Rulebook Q&A tool | | **Reference** | EBA_QA_2018_4045 | | **Document type** | Q&A | | **Legal nature** | Not legislation | | **Addressees** | Not stated in the document | | **Dates** | Published 7 June 2019; question submitted 28 June 2018 | | **Legal basis** | Article 98 PSD2 | | **Related instruments** | None recorded | | **Text on this page** | Word for word — the full text of the EBA publication | **Transaction Risk Analysis (TRA) exemption – Frequency of recalculation of fraud rate** ### Question Should the fraud rate, in accordance with Article 19 of the RTS, be recalculated every day using the trailing 90 days of data, or should it be recalculated once every 90 days (using the trailing 90 days of data)? If the fraud rate should be recalculated once every 90 days (using the trailing 90 days of data), can the calculation periods be aligned with calendar quarters? (e.g. the fraud rate for use during Q1 2020 (01-Jan-20 to 31-Mar-20) would be based on fraud data for Q4 2019 (01-Oct-19 to 31-Dec-19). ### Background The RTS state that the fraud rate for use in the TRA exemption should be calculated on a “rolling quarterly basis (90 days)”. It is not clear if this means that the fraud rate should be recalculated every day using the trailing 90 days of data, or should be recalculated once every 90 days (using the trailing 90 days of data). *** ### Answer Article 19(1) of the Commission Delegated Regulation (EU) 2018/389 refers to a calculation on a “rolling quarterly basis (90 days)”. Article 20(2) of the Delegated Regulation states that payment service providers should cease applying the exemption if the “monitored fraud rate exceeds for two consecutive quarters the reference fraud rate applicable for that payment instrument or type of payment transaction in that exemption threshold range”. Accordingly, Articles 19(1) and 20(2) of the Delegated Regulation should be read together in a systematic way, such that the calculation on a rolling quarterly basis (90 days) should be interpreted as a calculation once every calendar quarter. *** **Source:** [EBA original document](https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2018_4045) ## Related Level 1 articles - [Article 98 — Regulatory technical standards on authentication and communication](../../../articles/98.md)