What changes on 09/07/2024

The text in force from 09/01/2024 compared with the text from 09/07/2024, which includes the changes made by Capital Requirements Regulation III (CRR3).

Read the act as of 09/07/2024 · other versions: 28/06/2023 · 09/01/2024 · 01/01/2025 · 29/06/2025 · 01/01/2026 · 26/06/2026 · 01/01/2027

Part I › Title I

• inserted Article 5a - Definitions specific to crypto-assets
• amended Article 4 - Definitions
• amended Article 5 - Definitions specific to capital requirements for credit risk

Part I › Title II › Chapter 1

• amended Article 6 - General principles

Part I › Title II › Chapter 2 › Section 1

• amended Article 10a - Application of prudential requirements on a consolidated basis where investment firms are parent undertakings

Part I › Title II › Chapter 2 › Section 2

• amended Article 18 - Methods of prudential consolidation

Part I › Title II › Chapter 2 › Section 3

• amended Article 20 - Joint decisions on prudential requirements

Part II › Title I › Chapter 2 › Section 2

• amended Article 34 - Additional value adjustments

Part II › Title I › Chapter 2 › Section 3 › Subsection 1

• amended Article 36 - Deductions from Common Equity Tier 1 items

Part II › Title I › Chapter 2 › Section 3 › Subsection 2

• amended Article 49 - Requirement for deduction where consolidation, supplementary supervision or institutional protection schemes are applied

Part II › Title I › Chapter 5A › Section 1

• amended Article 72a - Eligible liabilities items

Part III › Title I › Chapter 1 › Section 1

• amended Article 94 - Derogation for small trading book business

Part III › Title I › Chapter 3

• inserted Article 104c - Treatment of foreign exchange risk hedges of capital ratios
• amended Article 104 - Inclusion in the trading book
• amended Article 104a - Reclassification of a position

Part III › Title II › Chapter 2 › Section 1

• amended Article 111 - Exposure value

Part III › Title II › Chapter 2 › Section 2

• inserted Article 122a - Specialised lending exposures
• inserted Article 126a - Land acquisition, development and construction exposures
• amended Article 119 - Exposures to institutions
• amended Article 123 - Retail exposures
• amended Article 124 - Exposures secured by mortgages on immovable property
• amended Article 127 - Exposures in default
• amended Article 129 - Exposures in the form of covered bonds

Part III › Title II › Chapter 2 › Section 3 › Subsection 1

• amended Article 135 - Use of credit assessments by ECAIs

Part III › Title II › Chapter 3 › Section 1

• amended Article 143 - Permission to use the IRB Approach
• amended Article 144 - Competent authorities' assessment of an application to use an IRB Approach
• amended Article 147 - Methodology to assign exposures to exposure classes
• amended Article 150 - Conditions for permanent partial use

Part III › Title II › Chapter 3 › Section 2 › Subsection 2

• amended Article 153 - Risk-weighted exposure amounts for exposures to corporates, institutions and central governments and central banks

Part III › Title II › Chapter 3 › Section 2 › Subsection 3

• amended Article 157 - Risk-weighted exposure amounts for dilution risk of purchased receivables

Part III › Title II › Chapter 3 › Section 6 › Subsection 1

• amended Article 173 - Integrity of assignment process

Part III › Title II › Chapter 3 › Section 6 › Subsection 2

• amended Article 178 - Default of an obligor
• amended Article 180 - Requirements specific to PD estimation
• amended Article 181 - Requirements specific to own-LGD estimates
• amended Article 182 - Requirements specific to own-conversion factor estimates

Part III › Title II › Chapter 4 › Section 4 › Subsection 1

• amended Article 229 - Valuation principles for other eligible collateral under the IRB Approach

Part III › Title II › Chapter 6 › Section 3

• amended Article 278 - Potential future exposure
• amended Article 279a - Supervisory delta
• amended Article 280 - Hedging set supervisory factor coefficient

Part III › Title II › Chapter 6 › Section 4

• amended Article 281 - Calculation of the exposure value

Part III › Title III › Chapter 1

• amended Article 314 - Combined use of different approaches

Part III › Title III › Chapter 2

• amended Article 315 - Own funds requirement
• amended Article 316 - Relevant indicator

Part III › Title III › Chapter 3

• amended Article 317 - Own funds requirement
• amended Article 320 - Criteria for the Standardised Approach

Part III › Title III › Chapter 4

• amended Article 321 - Inclusion of losses from merged or acquired entities or activities
• amended Article 323 - Operational risk management framework

Part III › Title IV › Chapter 1

• amended Article 325 - Approaches for calculating the own funds requirements for market risk

Part III › Title IV › Chapter 1A › Section 1

• amended Article 325c - Scope and structure of the alternative standardised approach

Part III › Title IV › Chapter 1A › Section 2

• amended Article 325j - Treatment of collective investment undertakings

Part III › Title IV › Chapter 1A › Section 4

• amended Article 325u - Own funds requirements for residual risks

Part III › Title IV › Chapter 1B › Section 1

• amended Article 325az - Alternative internal model approach and permission to use alternative internal models

Part III › Title IV › Chapter 1B › Section 2

• amended Article 325bc - Partial expected shortfall calculations
• amended Article 325bd - Liquidity horizons
• amended Article 325be - Assessment of the modellability of risk factors
• amended Article 325bf - Regulatory back-testing requirements and multiplication factors
• amended Article 325bg - Profit and loss attribution requirement

Part III › Title VI

• inserted Article 383a - Regulatory CVA model
• amended Article 382 - Scope

Part IV

• amended Article 395 - Limits to large exposures
• amended Article 400 - Exemptions

Part VII

• amended Article 429a - Exposures excluded from the total exposure measure

Part SEVENA

• amended Article 430 - Reporting on prudential requirements and financial information

Part VIII › Title I

• inserted Article 434c - Report on the feasibility of the use of information reported by institutions other than small and non-complex institutions to publish an extended set of disclosures on the EBA website
• amended Article 434a - Uniform disclosure formats
• amended Article 434b - Accessibility of information on the European single access point

Part VIII › Title II

• inserted Article 451b - Disclosure of crypto-asset exposures and related activities
• amended Article 449a - Disclosure of environmental, social and governance risks (ESG risks)
• amended Article 450 - Disclosure of remuneration policy

Part IX

• amended Article 458 - Macroprudential or systemic risk identified at the level of a Member State
• amended Article 461a - Own funds requirements for market risk
• amended Article 464 - European Banking Committee

Part X › Title I › Chapter 1 › Section 2

• amended Article 468 - Temporary treatment of unrealised gains and losses measured at fair value through other comprehensive income

Part X › Title I › Chapter 1 › Section 3 › Subsection 1

• amended Article 473 - Introduction of amendments to IAS 19

Part X › Title I › Chapter 4

• inserted Article 495b - Transitional arrangements for specialised lending exposures
• inserted Article 495c - Transitional arrangements for leasing exposures as a credit risk mitigation technique
• amended Article 493 - Transitional provisions for large exposures
• amended Article 500 - Adjustment for massive disposals
• amended Article 500a - Temporary treatment of public debt issued in the currency of another Member State
• amended Article 501 - Adjustment of risk-weighted non-defaulted SME exposures

Part X › Title II

• inserted Article 501d - Transitional provisions on the prudential treatment of crypto-assets
• inserted Article 506e - Recognition of capped or floored unfunded credit protection
• inserted Article 506f - Prudential treatment of securities financing transactions
• inserted Article 518c - Review of the framework for prudential requirements
• amended Article 501c - Prudential treatment of exposures to environmental or social factors
• amended Article 506 - Credit risk — credit insurance
• amended Article 514 - Method for the calculation of the exposure value of derivative transactions

Part X › Title IIA

• inserted Article 519d - Minimum haircut floor framework for securities financing transactions
• inserted Article 519e - Operational risk
• inserted Article 519f - Proportionality