OpenLegislation

Chapter 4 Large exposures, own funds requirements, leverage and the Basel I FloorX1

United Kingdom

Original text. Later amendments are not shown.

  1. 493Transitional provisions for large exposures
  2. 494Transitional provisions concerning the requirement for own funds and eligible liabilities
  3. 494aGrandfathering of issuances through special purpose entities
  4. 494bGrandfathering of own funds instruments and eligible liabilities instruments
  5. 495Treatment of equity exposures under the IRB Approach
  6. 496Own funds requirements for covered bonds
  7. 497Own funds requirements for exposures to CCPs
  8. 498Exemption for Commodities dealers
  9. 499Leverage
  10. 500Adjustment for massive disposals
  11. 500aTemporary treatment of public debt issued in the currency of another Member State
  12. 500bTemporary exclusion of certain exposures to central banks from the total exposure measure in view of the COVID-19 pandemic
  13. 500cExclusion of overshootings from the calculation of the back-testing addend in view of the COVID-19 pandemic
  14. 500d... Calculation of the exposure value of regular-way purchases and sales awaiting settlement in view of the COVID-19 pandemic
  15. 501Adjustment of risk-weighted non-defaulted SME exposures
  16. 501aAdjustment to own funds requirements for credit risk for exposures to entities that operate or finance physical structures or facilities, systems and networks that provide or support essential public services
  17. 501bDerogation from reporting requirements

Annotations

Editorial notes

X1

Substituted by Corrigendum to 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 (OJ L 176, 27.6.2013, p. 1).

Notes on the whole EU Regulation

Textual amendments

F1

Regulation revoked (1.1.2024 for the revocation of Art. 92b, 1.1.2026 for the revocation of Arts. 6(1a), 11(3a), 12a, 18(1) (in part), 25-35, 37-47, 47a(1)(2), 47c-79a, 81(1)(a)(i)-(iic)(b)(c)(2), 82(a)(i)-(iic)(b)(c), 83-91, 92a, 466, 468, 469a, 471, 473-474, 476, 479, 480, 482-491, 494-494b, otherwise prosp.) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pt. 1 (with s. 1(4)); S.I. 2023/779, reg. 5(b)(i); S.I. 2025/873, reg. 4(b) (with regs. 6, 7) (as amended by S.I. 2025/1293, reg. 2)