# Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 117: Exposures to multilateral development banks

Extent: E+W+S+N.I.

1 . Exposures to multilateral development banks that are not referred to in paragraph 2 shall be treated in the same manner as exposures to institutions. The preferential treatment for short-term exposures as specified in Articles 119(2), 120(2) and 121(3) shall not be applied.
The Inter-American Investment Corporation, the Black Sea Trade and Development Bank, the Central American Bank for Economic Integration and the CAF-Development Bank of Latin America shall be considered multilateral development banks.
2 . Exposures to the following multilateral development banks shall be assigned a 0 % risk weight:
( a ) the International Bank for Reconstruction and Development;
( b ) the International Finance Corporation;
( c ) the Inter-American Development Bank;
( d ) the Asian Development Bank;
( e ) the African Development Bank;
( f ) the Council of Europe Development Bank;
( g ) the Nordic Investment Bank;
( h ) the Caribbean Development Bank;
( i ) the European Bank for Reconstruction and Development;
( j ) the European Investment Bank;
( k ) the European Investment Fund;
( l ) the Multilateral Investment Guarantee Agency;
( m ) the International Finance Facility for Immunisation;
( n ) the Islamic Development Bank ;
(o ) the International Development Association;
( p ) the Asian Infrastructure Investment Bank.
The Treasury may by regulations, in accordance with international standards, amend the list of multilateral development banks referred to in the first subparagraph.
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Source: https://www.legislation.gov.uk/eur/2013/575/article/117 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-575/article-117
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.