asset coverage requirement
Defined in Article 411, Capital Requirements Regulation (CRR)
Definitions over time (1)
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29/06/2021 – today applies on 12/11/2026 Article 411, Capital Requirements Regulation (CRR) Scope: Part VI
For the purposes of this Part, the following definitions apply:
‘asset coverage requirement’ means the ratio of assets to liabilities as determined in accordance with the national law of a Member State or a third country for credit enhancement purposes in relation to covered bonds;