5. These guidelines specify:

(a) the systems to be implemented by institutions for the identification, evaluation and management of the interest rate risk arising from the non-trading book activities, also referred to as interest rate risk arising from the banking book, (IRRBB) referred to in Article 84 of Directive 2013/36/EU;

(b) institutions’ internal governance arrangements in relation to the management of IRRBB;

(c) sudden and unexpected changes in the interest rate in accordance with Article 98(5) of Directive 2013/36/EU for the purposes of the review and evaluation performed by competent authorities;

(d) general expectations for the identification and management of credit spread risk in the non-trading book (CSRBB).