Annex II

Part 1

Options and discretions set out in Directive 2013/36/EU, Regulation (EU) No 575/2013 and LCR Delegated Regulation (EU) 2015/61

Part 2

Transitional options and discretions set out in Directive 2013/36/EU and Regulation (EU) No 575/2013

Part 3

Variable elements of remuneration (Article 94 of Directive 2013/36/EU)

Directive 2013/36/EU

Regulation (EU) No 575/2013

LCR delegated regulation (EU) 2015/61

Adressee

Scope

Denomination

Description of the option or discretion

Exercised (Y/N/NA) (¹)

National text (²)

Reference(s) (³)

Available in EN (Y/N)

Details / Comments

010

Date of the last update of information in this template

(dd/mm/yyyy)

020

Article 9(2)

Member States

Credit Institutions

Exception to the prohibition against persons or undertakings other than credit institutions from taking deposits or other repayable funds from the public

The prohibition against persons or undertakings other than credit institutions from carrying out the business of taking deposits or other repayable funds from the public shall not apply to a Member State, a Member State's regional or local authorities, a public international bodies of which one or more Member States are members, or to cases expressly covered by national or union law, provided that those activities are subject to regulations and controls intended to protect depositors and investors.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

030

Article 12(3)

Member States

Credit Institutions

Initial capital

Member States may decide that credit institutions which do not fulfil the requirements to hold separate own funds and which were in existence on 15 December 1979 may continue to carry out their business.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

040

Article 12(3)

Member States

Credit Institutions

Initial capital

Credit Institutions for which Member States have decided that they can continue to carry out their business according to Article 12(3) of Directive 2013/36/EU may be exempted by MS from complying with the requirements contained in the first subparagraph of Article 13(1) of Directive 2013/36/EU.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

050

Article 12(4)

Member States

Credit Institutions

Initial capital

Member States may grant authorisation to particular categories of credit institutions the initial capital of which is less that EUR 5 million, provided that the initial capital is not less than EUR 1 million and the Member State concerned notifies the Commission and EBA of its reasons for exercising that option.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

060

Article 21(1)

Competent Authorities

Credit Institutions

Exemptions for credit institutions permanently affiliated to a central body

Competent authorities may exempt with regard to credit institutions permanently affiliated to a central body from the requirements set out in Articles 10, 12 and 13(1) of Directive 2013/36/EU.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

070

Article 29(3)

Member States

Investment Firms

Initial capital of particular types of investment firms

Member States may reduce the minimum amount of initial capital from EUR 125 000 to EUR 50 000 where a firm is not authorised to hold client money or securities, to deal for its own account, or to underwrite issues on a firm commitment basis.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

080

Article 32(1)

Member States

Investment Firms

Investment firms' initial capital grandfathering clause

Member States may continue authorising investment firm and firms covered by Article 30 of Directive 2013/36/EU which were in existence on or before 31 December 1995, the own funds of which are less than the initial capital levels specified for them in Article 28(2), Article 29(1) or (3) or Article 30 of that Directive.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

090

Article 40

Competent Authorities

Credit Institutions

Reporting requirements to host competent authorities

The competent authorities of host Member States may, for information, statistical or supervisory purposes, require that all credit institutions having branches within their territories shall report to them periodically on their activities in those host Member States, in particular to assess whether a branch is significant in accordance with Article 51(1) of Directive 2013/36/EU.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

100

Article 129(2)

Member States

Investment Firms

Exemption from the requirement to maintain a capital conservation buffer for small and medium-sized investment firms

By way of derogation from paragraph 1 of Article 129, a Member State may exempt small and medium-sized investment firms from the requirements set out in that paragraph if such an exemption does not threaten the stability of the financial system of that Member State.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

110

Article 130(2)

Member States

Investment Firms

Exemption from the requirement to maintain a countercyclical capital buffer for small and medium-sized investment firms

By way of derogation from paragraph 1 of Article 130, a Member State may exempt small and medium-sized investment firms from the requirements set out in that paragraph if such an exemption does not threaten the stability of the financial system of that Member State.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

120

Article 133(18)

Member States

Credit Institutions and Investment firms

Requirement to maintain a systemic risk buffer

Member States may apply a systemic risk buffer to all exposures.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

130

Article 134(1)

Member States

Credit Institutions and Investment firms

Recognition of a systemic risk buffer rate

Other Member States may recognise the systemic risk buffer rate set according to Article 133 and may apply that buffer rate to domestically authorised institutions for the exposures located in the Member State setting that buffer rate.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

140

Article 152 first paragraph

Member Stattes

Credit Institutions

Reporting requirements to host competent authorities

The competent authorities of host Member States may, for statistical purposes, require that all credit institutions having branches within their territories shall report to them periodically on their activities in those host Member States.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

150

Article 152 second paragraph

Member States

Credit Institutions

Reporting requirements to host competent authorities

Host Member States may require that branches of credit institutions from other Member States provide the same information as they require from national credit institutions for that purpose.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

160

Article 160(6)

Member States

Credit Institutions and Investment firms

Transitional provisions for capital buffers

Member States may impose a shorter transitional period for capital buffers than that specified in paragraphs 1 to 4 of Article 160. Such a shorter transitional period may be recognised by other Member States.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

170

Article 4(2)

Member States or Competent Authorities

Credit Institutions and Investment firms

Treatment of indirect holdings in real estate

Member States or their competent authorities may allow shares constituting an equivalent indirect holding of immovable property to be treated as a direct holding of immovable property provided that such indirect holding is specifically regulated in the national law of the Member State and, when pledged as collateral, provides equivalent protection to creditors.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

180

Article 6(4)

Competent Authorities

Investment Firms

Application of requirements on an individual basis

Pending the report from the Commission in accordance with Article 508(3), competent authorities may exempt investment firms from compliance with the obligations laid down in Part Six (liquidity) taking into account the nature, scale and complexity of the investment firms' activities.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

190

Article 24(2)

Reporting and the compulsory use of IFRS

Competent authorities may require that institutions effect the valuation of assets and off-balance sheet items and the determination of own funds in accordance with International Accounting Standards as applicable under Regulation (EC) No 1606/2002).

[Y/N/NA]

Mandatory if Y

Mandatory if Y

200

Article 89(3)

Competent Authorities

Credit Institutions and Investment firms

Risk weighting and prohibition of qualifying holdings outside the financial sector

Competent authorities apply the following requirements to qualifying holdings of institutions referred to in paragraphs 1 and 2: for the purpose of calculating the capital requirement in accordance with Part Three of this Regulation, institutions shall apply a risk weight of 1 250 % to the greater of the following:

[Y/N/NA]

Mandatory if Y

Mandatory if Y

201

Article 89(3)

Competent Authorities

Credit Institutions and Investment firms

Risk weighting and prohibition of qualifying holdings outside the financial sector

Competent authorities apply the following requirements to qualifying holdings of institutions referred to in paragraphs 1 and 2: the competent authorities shall prohibit institutions from having qualifying holdings referred to in paragraphs 1 and 2 the amount of which exceeds the percentages of eligible capital laid down in those paragraphs.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

210

Article 95(2)

Competent Authorities

Investment Firms

Requirements for investment firms with limited authorisation to provide investment services

Competent authorities may set the own fund requirements for investment firms with limited authorisation to provide investment services as the own fund requirements that would be binding on those firms according to the national transposition measures in force on 31 December 2013 for Directive 2006/49/EC and Directive 2006/48/EC.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

220

Article 99(3)

Competent Authorities

Credit Institutions

Reporting on own funds requirements and financial information

Competent authorities may require those credit institutions applying international accounting standards as applicable under Regulation (EC) No 1606/2002 for the reporting of own funds on a consolidated basis pursuant to Article 24(2) of this Regulation to also report financial information as laid down in paragraph 2 of this Article.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

230

Article 124(2)

Competent Authorities

Credit Institutions and Investment firms

Risk weights and criteria applied to exposures secured by mortgages on immovable property

Competent authorities may set a higher risk weight or stricter criteria than those set out in Article 125(2) and Article 126(2), where appropriate, on the basis of financial stability considerations.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

240

Article 129(1)

Exposures in the form of covered bonds

The competent authorities may, after consulting EBA, partly waive the application of point (c) of the first subparagraph and allow credit quality step 2 for up to 10 % of the total exposure of the nominal amount of outstanding covered bonds of the issuing institution, provided that significant potential concentration problems in the Member States concerned can be documented due to the application of the credit quality step 1 requirement referred to in that point.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

250

Article 164(5)

Competent Authorities

Credit Institutions and Investment firms

Minimum values of exposure weighted average Loss Given Default (LGD) for exposures secured by property

Based on the data collected under Article 101 and taking into account forward-looking immovable property market developments and any other relevant indicators, the competent authorities shall periodically, and at least annually, assess whether the minimum LGD values in paragraph 4 of this Article are appropriate for exposures secured by residential property or commercial immovable property located in their territory. Competent authorities may, where appropriate on the basis of financial stability considerations, set higher minimum values of exposure weighted average LGD for exposures secured by immovable property in their territory.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

260

Article 178(1)(b)

Competent Authorities

Credit Institutions and Investment firms

Default of an obligor

Competent authorities may replace the 90 days with 180 days for exposures secured by residential property or SME commercial immovable property in the retail exposure class, as well as exposures to public sector entities.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

270

Article 284(4)

Competent Authorities

Credit Institutions and Investment firms

Exposure value

Competent authorities may require an α higher than 1.4 or permit institutions to use their own estimates in accordance with Article 284 (9)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

280

Article 284(9)

Competent Authorities

Credit Institutions and Investment firms

Exposure value

Competent authorities may permit institutions to use their own estimates of alpha

[Y/N/NA]

Mandatory if Y

Mandatory if Y

290

Article 327(2)

Competent Authorities

Credit Institutions and Investment firms

Netting between a convertible and an offsetting position in the underlying instrument

Competent authorities may adopt an approach under which the likelihood of a particular convertible's being converted is taken into account or require an own funds requirement to cover any loss which conversion might entail.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

300

Article 395(1)

Competent Authorities

Competent Authorities

Large exposure limits for exposures to institutions

Competent authorities may set a lower large exposure limit than EUR 150 000 000 for exposures to institutions.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

310

Article 400(2)(a) 493(3)(a)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt covered bonds falling within the terms of Article 129(1), (3) and (6).

[Y/N/NA]

Mandatory if Y

Mandatory if Y

320

Article 400(2)(b) 493(3)(b)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt asset items constituting claims on regional governments or local authorities of Member States.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

330

Article 400(2)(c) 493(3)(c)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures incurred by an institution to its parent undertaking or subsidiaries.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

340

Article 400(2)(d) 493(3)(d)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to regional or central credit institutions with which the credit institution is associated in a network and which are responsible for cash-clearing operations within the network.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

350

Article 400(2)(e) 493(3)(e)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to credit institutions incurred by credit institutions, one of which operates on a non-competitive basis and provides or guarantees loans under legislative programmes or its statutes, to promote specified sectors of the economy under some form of government oversight and restrictions on the use of the loans, provided that the respective exposures arise from such loans that are passed on to the beneficiaries via credit institutions or from the guarantees of these loans.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

360

Article 400(2)(f) 493(3)(f)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to institutions, provided that those exposures do not constitute such institutions' own funds, do not last longer than the following business day and are not denominated in a major trading currency.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

370

Article 400(2)(g) 493(3)(g)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to central banks in the form of required minimum reserves held at those central banks which are denominated in their national currencies.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

380

Article 400(2)(h) 493(3)(h)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to central governments in the form of statutory liquidity requirements held in government securities which are denominated and funded in their national currencies provided that, at the discretion of the competent authority, the credit assessment of those central governments assigned by a nominated External Credit Assessment Institution is investment grade.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

390

Article 400(2)(i) 493(3)(i)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt 50 % of medium/low risk off-balance sheet documentary credits and of medium/low risk off-balance sheet undrawn credit facilities referred to in Annex I and subject to the competent authorities' agreement, 80 % of guarantees other than loan guarantees which have a legal or regulatory basis and are given for their members by mutual guarantee schemes possessing the status of credit institutions.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

400

Article 400(2)(j) 493(3)(j)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt legally required guarantees used when a mortgage loan financed by issuing mortgage bonds is paid to the mortgage borrower before the final registration of the mortgage in the land register, provided that the guarantee is not used as reducing the risk in calculating the risk-weighted exposure amounts.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

410

Article 400(2)(k) 493(3)(k)

Competent Authorities

Competent Authorities

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt assets items constituting claims on and other exposures to recognised exchanges.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

420

Article 412(5)

Member States

Credit Institutions

Liquidity coverage requirement

Member States may maintain or introduce national provisions in the area of liquidity requirements before binding minimum standards for liquidity coverage requirements are specified and fully introduced in the Union in accordance with Article 460.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

430

Article 412(5)

Member States or Competent Authorities

Credit Institutions

Liquidity coverage requirement

Member states or competent authorities may require domestically authorised institutions, or a subset of those institutions to maintain a higher liquidity coverage requirement up to 100 % until the binding minimum standard is fully introduced at a rate of 100 % in accordance with Article 460.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

440

Article 413(3)

Member States

Credit Institutions

Stable funding requirement

Member States may maintain or introduce national provisions in the area of stable funding requirements before binding minimum standards for net stable funding requirements are specified and introduced in the Union in accordance with Article 510.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

450

Article 415(3)

Competent Authorities

Credit Institutions

Liquidity reporting requirements

Competent authorities may continue to collect information through monitoring tools for the purpose of monitoring compliance with existing national liquidity standards, until the full introduction of binding liquidity requirements.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

460

Article 420(2)

Competent Authorities

Credit Institutions

Liquidity outflow rate

The competent authorities may apply an outflow rate up to 5 % for trade finance off-balance sheet related products, as referred to in Article 429 and Annex 1.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

470

Article 467(2)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised losses measured at fair value

By way of derogation from paragraph 1 of Article 467, the competent authorities may, in cases where such treatment was applied before 1 January 2014, allow institutions not to include in any element of own funds unrealised gains or losses on exposures to central governments classified in the ‘Available for Sale’ category of EU-endorsed IAS 39.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

480

Article 467(3) second subparagraph

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised losses measured at fair value

Competent authorities shall determine and publish the applicable percentage in the ranges specified in points (a) to (d) of paragraph 2 of Article 467.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

490

Article 468(2)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised gains measured at fair value

Competent authorities may permit institutions to include in the calculation of their Common Equity Tier 1 capital 100 % of their unrealised gains at fair value where under Article 467 institutions are required to include their unrealised losses measured at fair value in the calculation of Common Equity Tier 1 capital.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

500

Article 468(3)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised gains measured at fair value

Competent authorities shall determine and publish the applicable percentage of unrealised gains in the ranges specified in points (a) to (c) of paragraph 2 of Article 468 that is removed from Common Equity Tier 1 capital.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

510

Article 471(1)

Competent Authorities

Credit Institutions and Investment firms

Exemption from deduction of equity holding in insurance companies from CET1 items

By way of derogation from Article 49(1), during the period from 1 January 2014 to 31 December 2022, competent authorities may permit institutions to not deduct equity holdings in insurance undertakings, reinsurance undertakings and insurance holding companies where the conditions set out in paragraph 1 of Article 471 are met.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

520

Article 473(1)

Competent Authorities

Credit Institutions and Investment firms

Introduction of amendments to IAS 19

By way of derogation from Article 481 during the period from 1 January 2014 until 31 December 2018, competent authorities may permit institutions that prepare their accounts in conformity with the international accounting standards adopted in accordance with the procedure laid down in Article 6(2) of Regulation (EC) No 1606/2002 to add to their Common Equity Tier 1 capital the applicable amount in accordance with paragraph 2 or 3 of Article 473, as applicable, multiplied by the factor applied in accordance with paragraph 4 of Article 473.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

530

Article 478(3)

Competent Authorities

Credit Institutions and Investment firms

Transitional deductions from Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Competent authorities shall determine and publish an applicable percentage in the ranges specified in paragraphs 1 and 2 of Article 478 for each of the following deductions:

[Y/N/NA]

Mandatory if Y

Mandatory if Y

540

Article 479(4)

Competent Authorities

Credit Institutions and Investment firms

Transitional recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interests

Competent authorities shall determine and publish the applicable percentage in the ranges specified in paragraph 3 of Article 479.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

550

Article 480(3)

Competent Authorities

Credit Institutions and Investment firms

Transitional recognition of minority interests and qualifying Additional Tier 1 and Tier 2 capital

Competent authorities shall determine and publish the value of the applicable factor in the ranges specified in paragraph 2 of Article 480.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

560

Article 481(5)

Competent Authorities

Credit Institutions and Investment firms

Additional transitional filters and deductions

For each filter or deduction referred to in paragraphs 1 and 2 of Article 481, competent authorities shall determine and publish the applicable percentages in the ranges specified in paragraphs 3 and 4 of that Article

[Y/N/NA]

Mandatory if Y

Mandatory if Y

570

Article 486(6)

Competent Authorities

Credit Institutions and Investment firms

Limits for grandfathering of items within Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Competent authorities shall determine and publish the applicable percentages in the ranges specified in paragraph 5 of Article 486.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

580

Article 495(1)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of equity exposures under the IRB approach

By way of derogation from Chapter 3 of Part Three, until 31 December 2017, the competent authorities may exempt from the IRB treatment certain categories of equity exposures held by institutions and EU subsidiaries of institutions in that Member State as at 31 December 2007.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

590

Article 496(1)

Competent Authorities

Credit Institutions and Investment firms

Transitional provision on the calculation of own fund requirements for exposures in the form of covered bonds

Until 31 December 2017, competent authorities may waive in full or in part the 10 % limit for senior units issued by French Fonds Communs de Créances or by securitisation entities which are equivalent to French Fonds Communs de Créances laid down in points (d) and (f) of Article 129(1), provided that conditions specified in points (a) and (b) of Article 496(1) are fulfilled.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

600

Article 10(1)(b)(iii)

Competent Authorities

Credit Institutions

LCR - Liquid assets

The liquidity reserve held by the credit institution in a central bank is recognisable as Level 1 asset provided that it can be withdrawn in times of stress. The purposes under which central bank reserves may be withdrawn for the purposes of this Article must be specified in an agreement between the CA and the ECB or the central bank.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

610

Article 10(2)

Competent Authorities

Credit Institutions

LCR - Liquid assets

The market value of extremely high quality covered bonds referred to in paragraph 1(f) shall be subject to a haircut of at least 7 %. Except as specified in relation to shares and units in CIUs in points (a) and (b) of Article 15(2), no haircut shall be required on the value of the remaining level 1 assets. Those cases where the higher haircuts were set to an entire asset class (all assets subject to a specific and differentiated haircut in the LCR Delegated Regulation) (e.g. to all level 1 covered bonds, etc.).

[Y/N/NA]

Mandatory if Y

Mandatory if Y

620

Article 12(1)(c)(i)

Competent Authorities

Credit Institutions

LCR - Level 2B assets

Shares may constitute level 2B assets provided that they form part of a major stock index in a MS or in a third country, as identified as such by the CA of a MS or the relevant public authority in a third country.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

630

Article 12(3)

Competent Authorities

Credit Institutions

LCR - Level 2B assets

For credit institutions which in accordance with their statutes of incorporation are unable for reasons of religious observance to hold interest bearing assets, the competent authority may allow to derogate from points (ii) and (iii) of paragraph 1(b) of this Article, provided there is evidence of insufficient availability of non-interest bearing assets meeting these requirements and the non-interest bearing assets in question are adequately liquid in private markets.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

640

Article 24(6)

Competent Authorities

Credit Institutions

LCR - Outflows from stable deposits in a third country qualifying for the 3 % rate

Credit institutions may be authorised by their competent authority to multiply by 3 % the amount of the retail deposits covered by a deposit guarantee scheme in a third country equivalent to the scheme referred to in paragraph 1 if the third country allows this treatment.

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Directive 2013/36/EU

Regulation (EU) No 575/2013

Adressee

Scope

Denomination

Description of the option or discretion

Year(s) of application and the value in % (if applicable)

Exercised (Y/N/NA)

National text

References

Available in EN (Y/N)

Details / Comments

010

Date of the last update of information in this template

(dd/mm/yyyy)

011

Article 160(6)

Member States

Credit Institutions and Investment firms

Transitional provisions for capital buffers

Member States may impose a shorter transitional period for capital buffers than that specified in paragraphs 1 to 4 of Article 160. Such a shorter transitional period may be recognised by other Member States.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

012

Article 493(3)(a)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt covered bonds falling within the terms of Article 129(1), (3) and (6).

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

013

Article 493(3)(b)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt asset items constituting claims on regional governments or local authorities of Member States.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

014

Article 493(3)(c)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures incurred by an institution to its parent undertaking or subsidiaries.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

015

Article 493(3)(d)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to regional or central credit institutions with which the credit institution is associated in a network and which are responsible for cash-clearing operations within the network.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

016

Article 493(3)(e)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to credit institutions incurred by credit institutions, one of which operates on a non-competitive basis and provides or guarantees loans under legislative programmes or its statutes, to promote specified sectors of the economy under some form of government oversight and restrictions on the use of the loans, provided that the respective exposures arise from such loans that are passed on to the beneficiaries via credit institutions or from the guarantees of these loans.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

017

Article 493(3)(f)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to institutions, provided that those exposures do not constitute such institutions' own funds, do not last longer than the following business day and are not denominated in a major trading currency.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

018

Article 493(3)(g)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to central banks in the form of required minimum reserves held at those central banks which are denominated in their national currencies.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

019

Article 493(3)(h)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt exposures to central governments in the form of statutory liquidity requirements held in government securities which are denominated and funded in their national currencies provided that, at the discretion of the competent authority, the credit assessment of those central governments assigned by a nominated External Credit Assessment Institution is investment grade.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

020

Article 493(3)(i)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt 50 % of medium/low risk off-balance sheet documentary credits and of medium/low risk off-balance sheet undrawn credit facilities referred to in Annex I and subject to the competent authorities' agreement, 80 % of guarantees other than loan guarantees which have a legal or regulatory basis and are given for their members by mutual guarantee schemes possessing the status of credit institutions.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

021

Article 493(3)(j)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt legally required guarantees used when a mortgage loan financed by issuing mortgage bonds is paid to the mortgage borrower before the final registration of the mortgage in the land register, provided that the guarantee is not used as reducing the risk in calculating the risk-weighted exposure amounts.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

022

Article 493(3)(k)

Member States

Credit Institutions and Investment firms

Exemptions or partial exemptions to large exposures limits

Competent authorities may fully or partially exempt assets items constituting claims on and other exposures to recognised exchanges.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

023

Article 412(5)

Member States

Credit Institutions

Liquidity coverage requirement

Member States may maintain or introduce national provisions in the area of liquidity requirements before binding minimum standards for liquidity coverage requirements are specified and fully introduced in the Union in accordance with Article 460.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

024

Article 412(5)

Member States or Competent Authorities

Credit Institutions

Liquidity coverage requirement

Member states or competent authorities may require domestically authorised institutions, or a subset of those institutions to maintain a higher liquidity coverage requirement up to 100 % until the binding minimum standard is fully introduced at a rate of 100 % in accordance with Article 460.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

025

Article 413(3)

Member States

Credit Institutions

Stable funding requirement

Member States may maintain or introduce national provisions in the area of stable funding requirements before binding minimum standards for net stable funding requirements are specified and introduced in the Union in accordance with Article 510.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

026

Article 415(3)

Competent Authorities

Credit Institutions

Liquidity reporting requirements

Competent authorities may continue to collect information through monitoring tools for the purpose of monitoring compliance with existing national liquidity standards, until the full introduction of binding liquidity requirements.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

027

Article 467(2)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised losses measured at fair value

By way of derogation from paragraph 1 of Article 467, the competent authorities may, in cases where such treatment was applied before 1 January 2014, allow institutions not to include in any element of own funds unrealised gains or losses on exposures to central governments classified in the ‘Available for Sale’ category of EU-endorsed IAS 39.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

028

Article 467(3)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised losses measured at fair value

Applicable percentage of unrealised losses pursuant to Article 467(1) that are included in the calculation of Common Equity Tier 1 items (percentage in the ranges specified in paragraph 2 of that Article)

2014 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

029

2015 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

030

2016 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

031

2017 (80 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

032

Article 468(2) 2nd subparagrap

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised gains measured at fair value

Competent authorities may permit institutions to include in the calculation of their Common Equity Tier 1 capital 100 % of their unrealised gains at fair value where under Article 467 institutions are required to include their unrealised losses measured at fair value in the calculation of Common Equity Tier 1 capital.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

033

Article 468(3)

Competent Authorities

Credit Institutions and Investment firms

Transitional treatment of unrealised gains measured at fair value

Competent authorities shall determine and publish the applicable percentage of unrealised gains in the ranges specified in points (a) to (c) of paragraph 2 of Article 468 that is removed from Common Equity Tier 1 capital.

2015 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

034

2016 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

035

2017 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

036

Article 471(1)

Competent Authorities

Credit Institutions and Investment firms

Exemption from deduction of equity holding in insurance companies from CET1 items

By way of derogation from Article 49(1), during the period from 1 January 2014 to 31 December 2022, competent authorities may permit institutions to not deduct equity holdings in insurance undertakings, reinsurance undertakings and insurance holding companies where the conditions set out in paragraph 1 of Article 471 are met.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

037

Article 473(1)

Competent Authorities

Credit Institutions and Investment firms

Introduction of amendments to IAS 19

By way of derogation from Article 481 during the period from 1 January 2014 until 31 December 2018, competent authorities may permit institutions that prepare their accounts in conformity with the international accounting standards adopted in accordance with the procedure laid down in Article 6(2) of Regulation (EC) No 1606/2002 to add to their Common Equity Tier 1 capital the applicable amount in accordance with paragraph 2 or 3 of Article 473, as applicable, multiplied by the factor applied in accordance with paragraph 4 of Article 473.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

038

Article 478(2)

Credit Institutions and Investment firms

Deduction from Common Equity Tier 1 items for deferred tax assets that existed prior to 1 January 2014

Applicable percentage if the alternative applies (percentage in the ranges specified in paragraph 2 of Article 478)

2014 (0 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

039

2015 (10 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

040

2016 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

041

2017 (30 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

042

2018 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

043

2019 (50 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

044

2020 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

045

2021 (70 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

046

2022 (80 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

047

2023 (90 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

048

Article 478(3)(a)

Credit Institutions and Investment firms

Transitional deductions from Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Competent authorities shall determine and publish an applicable percentage in the ranges specified in paragraphs 1 and 2 of Article 478 for (a) the individual deductions required pursuant to points (a) to (h) of Article 36(1), excluding deferred tax assets that rely on future profitability and arise from temporary differences;

2014 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

049

2015 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

050

2016 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

051

2017 (80 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

052

Article 478(3)(b)

Credit Institutions and Investment firms

Transitional deductions from Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Competent authorities shall determine and publish an applicable percentage in the ranges specified in paragraphs 1 and 2 of Article 478 for (b) the aggregate amount of deferred tax assets that rely on future profitability and arise from temporary differences and the items referred to in point (i) of Article 36(1) that is required to be deducted pursuant to Article 48;

2014 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

053

2015 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

054

2016 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

055

2017 (80 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

056

Article 478(3)(c)

Credit Institutions and Investment firms

Transitional deductions from Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Competent authorities shall determine and publish an applicable percentage in the ranges specified in paragraphs 1 and 2 of Article 478 for (c) each deduction required pursuant to points (b) to (d) of Article 56;

2014 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

057

2015 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

058

2016 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

059

2017 (80 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

060

Article 478(3)(d)

Credit Institutions and Investment firms

Transitional deductions from Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Competent authorities shall determine and publish an applicable percentage in the ranges specified in paragraphs 1 and 2 of Article 478 for (d) each deduction required pursuant to points (b) to (d) of Article 66.

2014 (20 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

061

2015 (40 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

062

2016 (60 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

063

2017 (80 % to 100 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

064

Article 479(4)

Credit Institutions and Investment firms

Transitional recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interests

Competent authorities shall determine and publish the applicable percentage in the ranges specified in paragraph 3 of Article 479.

2014 (0 % to 80 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

065

2015 (0 % to 60 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

066

2016 (0 % to 40 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

067

2017 (0 % to 20 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

068

Article 480(3)

Credit Institutions and Investment firms

Transitional recognition of minority interests and qualifying Additional Tier 1 and Tier 2 capital

Competent authorities shall determine and publish the value of the applicable factor in the ranges specified in paragraph 2 of Article 480.

2014 (0,2 to 1,0)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

069

2015 (0,4 to 1,0)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

070

2016 (0,6 to 1,0)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

071

2017 (0,8 to 1,0)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

072

Article 481(1)

Credit Institutions and Investment firms

Applicable percentage if a single percentage applies (percentage in the ranges specified in paragraph 3 of Article 481)

2014 (0 % to 80 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

073

2015 (0 % to 60 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

074

2016 (0 % to 40 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

075

2017 (0 % to 20 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

076

Article 481(5)

Additional transitional filters and deductions

For each filter or deduction referred to in paragraphs 1 and 2 of Article 481, competent authorities shall determine and publish the applicable percentages in the ranges specified in paragraphs 3 and 4 of that Article

2014 (0 % to 80 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

077

2015 (0 % to 60 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

078

2016 (0 % to 40 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

079

2017 (0 % to 20 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

080

Article 486(6)

Credit Institutions and Investment firms

Limits for grandfathering of items within Common Equity Tier 1, Additional Tier 1 and Tier 2 items

Applicable percentage for determining the limits for grandfathering of items within Common Equity Tier 1 items pursuant to paragraph 2 of Article 486 (percentage in the ranges specified in paragraph 5 of that Article)

2014 (60 % to 80 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

081

2015 (40 % to 70 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

082

2016 (20 % to 60 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

083

2017 (0 % to 50 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

084

2018 (0 % to 40 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

085

2019 (0 % to 30 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

086

2020 (0 % to 20 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

087

2021 (0 % to 10 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

088

Applicable percentage for determining the limits for grandfathering of items within Additional Tier 1 items pursuant to paragraph 3 of Article 486 (percentage in the ranges specified in paragraph 5 of that Article)

2014 (60 % to 80 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

089

2015 (40 % to 70 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

090

2016 (20 % to 60 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

091

2017 (0 % to 50 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

092

2018 (0 % to 40 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

093

2019 (0 % to 30 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

094

2020 (0 % to 20 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

095

2021 (0 % to 10 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

096

Applicable percentage for determining the limits for grandfathering of items within Tier 2 items pursuant to paragraph 4 of Article 486 (percentage in the ranges specified in paragraph 5 of that Article)

2014 (60 % to 80 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

097

2015 (40 % to 70 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

098

2016 (20 % to 60 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

099

2017 (0 % to 50 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

100

2018 (0 % to 40 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

101

2019 (0 % to 30 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

102

2020 (0 % to 20 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

103

2021 (0 % to 10 %)

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

104

Article 495(1)

Credit Institutions and Investment firms

Transitional treatment of equity exposures under the IRB approach

By way of derogation from Chapter 3 of Part Three, until 31 December 2017, the competent authorities may exempt from the IRB treatment certain categories of equity exposures held by institutions and EU subsidiaries of institutions in that Member State as at 31 December 2007.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

105

Article 496(1)

Credit Institutions and Investment firms

Transitional provision on the calculation of own fund requirements for exposures in the form of covered bonds

Until 31 December 2017, competent authorities may waive in full or in part the 10 % limit for senior units issued by French Fonds Communs de Créances or by securitisation entities which are equivalent to French Fonds Communs de Créances laid down in points (d) and (f) of Article 129(1), provided that conditions specified in points (a) and (b) of Article 496(1) are fulfilled.

[Year]

[Y/N/NA]

Mandatory if Y

Mandatory if Y

Mandatory if Y

Directive 2013/36/EU

Adressee

Scope

Provisions

Information to disclose

Exercised (Y/N/NA)

References

Available in EN (Y/N)

Details / Comments

010

Date of the last update of information in this template

(dd/mm/yyyy)

020

Article 94(1)(g)(i)

Member States or Competent Authorities

Credit Institutions and Investment firms

Maximum ratio between the variable and fixed components of remuneration (% set in national law calculated as variable component divided by fixed component of remuneration)

[Value in %]

[Y/N]

Mandatory if Y

Mandatory if Y

030

Article 94(1)(g)(ii)

Member States or Competent Authorities

Credit Institutions and Investment firms

Maximum level of the ratio between the variable and fixed components of remuneration which may be approved by shareholders or owners or members of the institution (% set in national law calculated as variable component divided by fixed component of remuneration)

[Value in %]

[Y/N]

Mandatory if Y

Mandatory if Y

040

Article 94(1)(g)(iii)

Member States or Competent Authorities

Credit Institutions and Investment firms

Maximum part of the total variable remuneration to which the discount rate may be applied (% of the total variable remuneration)

[Value in %]

[Y/N]

Mandatory if Y

Mandatory if Y

050

Article 94(1)(l)

Member States or Competent Authorities

Credit Institutions and Investment firms

Description of any restriction on the types and designs or prohibitions of instruments that can be used for the purposes of awarding variable remuneration

[Free text/value]

[Y/N]

Mandatory if Y

Mandatory if Y