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Directive 2006/48/EC (CRD)

Preamble
Recitals 72
Title I - SUBJECT MATTER, SCOPE AND DEFINITIONS (Article 1-5) 5
Title II - REQUIREMENTS FOR ACCESS TO THE TAKING UP AND PURSUIT OF THE BUSINESS OF CREDIT INSTITUTIONS (Article 6-22) 17
Title III - PROVISIONS CONCERNING THE FREEDOM OF ESTABLISHMENT AND THE FREEDOM TO PROVIDE SERVICES (Article 23-37) 15
Title IV - RELATIONS WITH THIRD COUNTRIES (Article 38-39) 2
Title V - PRINCIPLES AND TECHNICAL INSTRUMENTS FOR PRUDENTIAL SUPERVISION AND DISCLOSURE (Article 40-149) 110
- Chapter 1 - Principles of prudential supervision (Article 40-55) 16
- Chapter 2 - Technical instruments of prudential supervision (Article 56-122) 67
  - Section 1 - Own funds (Article 56-67) 12
    
    Article 56
    
    Article 57
    
    Article 58
    
    Article 59
    
    Article 60
    
    Article 61
    
    Article 62
    
    Article 63
    
    Article 64
    
    Article 65
    
    Article 66
    
    Article 67
  - Section 2 - Provision against risks (Article 68-75) 8
  - Section 3 - Minimum own funds requirements for credit risk (Article 76-101) 26
  - Section 4 - Minimum own funds requirements for operational risk (Article 102-105) 4
  - Section 5 - Large exposures (Article 106-119) 14
  - Section 6 - Qualifying holdings outside the financial sector (Article 120-122) 3
- Chapter 3 - Credit institutions' assessment process (Article 123) 1
- Chapter 4 - Supervision and disclosure by competent authorities (Article 124-144) 21
- Chapter 5 - Disclosure by credit institutions (Article 145-149) 5
Title VI - POWERS OF EXECUTION (Article 150-151) 2
Title VII - TRANSITIONAL AND FINAL PROVISIONS (Article 152-160) 9
Annexes 14
- Annex I
- Annex II
- Annex III
- Annex IV
- Annex V
- Annex VI
- Annex VII
- Annex VIII
- Annex IX
- Annex X
- Annex XI
- Annex XII
- Annex XIII
- Annex XIV
Amending acts 12

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New version applies from 17/04/2007 — introduced by Commission Directive 2007/18/EC. 189 provisions change. Later versions: 21/09/2007, 25/12/2007, 21/03/2008, 17/08/2009, 30/10/2009, 07/12/2009, 30/03/2010, 04/01/2011, 09/12/2011, 01/07/2013, 01/01/2014. Article 66 changes in this version: compare with the current text.

View as of 17/04/2007 What changes

Article 66

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Article 66

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1. The items referred to in points (d) to (h) of Article 57, shall be subject to the following limits:

((a))

the total of the items in points (d) to (h) may not exceed a maximum of 100 % of the items in points (a) plus (b) and (c) minus (i) to (k); and

((b))

the total of the items in points (g) to (h) may not exceed a maximum of 50 % of the items in points (a) plus (b) and (c) minus (i) to (k).

2. The total of the items in points (l) to (r) of Article 57 shall be deducted half from the total of the items (a) to (c) minus (i) to (k), and half from the total of the items (d) to (h) of Article 57, after application of the limits laid down in paragraph 1 of this Article. To the extent that half of the total of the items (l) to (r) exceeds the total of the items (d) to (h) of Article 57, the excess shall be deducted from the total of the items (a) to (c) minus (i) to (k) of Article 57. Items in point (r) of Article 57 shall not be deducted if they have been included in the calculation of risk-weighted exposure amounts for the purposes of Article 75 as specified in Annex IX, Part 4.

3. For the purposes of Sections 5 and 6, the provisions laid down in this Section shall be read without taking into account the items referred to in points (q) and (r) of Article 57 and Article 63(3).

4. The competent authorities may authorise credit institutions to exceed the limits laid down in paragraph 1 in temporary and exceptional circumstances.

Official text · the act as published Open full page ↗