{
  "url": "https://openlegislation.uk/eu-decision-2014-341/annex/division-n2/division-III/division-4/division-4.1/division-4.1.3",
  "json_url": "https://openlegislation.uk/eu-decision-2014-341/annex/division-n2/division-III/division-4/division-4.1/division-4.1.3.json",
  "legislation": "eudn/2014/341",
  "legislation_title": "Commission Decision of 3 September 2013 State aid SA.32554 (09/C) Restructuring aid for Hypo Group Alpe Adria implemented by Austria (notified under document C(2013) 5648) (Only the German text is authentic) (Text with EEA relevance) (2014/341/EU)",
  "legislation_url": "https://openlegislation.uk/eu-decision-2014-341",
  "path": "annex/division/n2/division/III/division/4/division/4.1/division/4.1.3",
  "kind": "division",
  "number": "4.1.3",
  "heading": "The internal funding cost matrix for every new engagement (within the meaning of section 4.2) must be commensurate with the funding situation of the branch/subsidiary for the entire term structure. At the very minimum, this should be:",
  "text": "EURIBOR 3 m + […] % for engagements up to […] years,\nEURIBOR 3 m + […] % for engagements from […] years ([…]),\nEURIBOR 3 m + […] % for engagements above […] years ([…]),\nto be increased for countries with a particularly weak credit stance […]. In addition to the group-wide maturity restrictions in public finance and corporate finance (see point 4.1.1), no engagements exceeding […] years may be undertaken in those countries. The funding add-ons may be lowered in cases where assets fulfil the legal and asset criteria for securitisation and are intended to be used directly for securitisation (e.g. mortgages, financial leases, SME loans, and public finance) based on usable collateral as verified by the Monitoring Trustee (between […] and […] bps depending on the amount of collateralisation, […] bps for over-collateralisation).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudn/2014/341/annex/division/n2/division/III/division/4/division/4.1/division/4.1.3",
    "retrieved_at": "2026-11-01T15:14:45.373906+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}