(17)Given the interplay with other Union acts relevant for own-LGD and own-CF estimations, the date of application of this Regulation should be deferred until 1 January 2021. In particular, institutions will need to comply with the revised materiality threshold set by competent authorities in accordance with Commission Delegated Regulation (EU) 2018/171 2 .
Recital 17
- 2 Commission Delegated Regulation (EU) 2018/171 of 19 October 2017 on supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the materiality threshold for credit obligations past due ( OJ L 32, 6.2.2018, p. 1 ). ↩