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Regulation (EU) 2016/445 of the European Central BankShow full title

Regulation (EU) 2016/445 of the European Central Bank of 14 March 2016 on the exercise of options and discretions available in Union law (ECB/2016/4) (revoked)

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  1. Introductory Text

  2. Article 1.Subject matter and scope

  3. Article 2.Definitions

  4. CHAPTER I OWN FUNDS

    1. Article 3.Article 89(3) of Regulation (EU) No 575/2013: Risk weighting and prohibition of qualifying holdings outside the financial sector

  5. CHAPTER II CAPITAL REQUIREMENTS

    1. Article 4.Article 178(1) of Regulation (EU) No 575/2013: Default of an obligor

    2. Article 5.Article 282(6) of Regulation (EU) No 575/2013: Hedging sets

    3. Article 6.Article 327(2) of Regulation (EU) No 575/2013: Netting

    4. Article 7.Article 380 of Regulation (EU) No 575/2013: Waiver

  6. CHAPTER III LARGE EXPOSURES

    1. Article 8.Article 395(1) of Regulation (EU) No 575/2013: Limits to large exposures

    2. Article 9.Article 400(2) of Regulation (EU) No 575/2013: Exemptions

  7. CHAPTER IV LIQUIDITY

    1. Article 10.Article 415(3) of Regulation (EU) No 575/2013: Reporting obligation

    2. Article 11.Article 420(2) of Regulation (EU) No 575/2013 and Article 23(2) of Delegated Regulation (EU) 2015/61: Liquidity outflows

    3. Article 12.Article 12(3) of Delegated Regulation (EU) 2015/61: Level 2B assets

    4. Article 13.Article 24(4) and (5) of Delegated Regulation (EU) 2015/61: Outflows from stable retail deposits

  8. CHAPTER V TRANSITIONAL PROVISIONS OF REGULATION (EU) NO 575/2013

    1. Article 14.Article 467(3) of Regulation (EU) No 575/2013: Unrealised losses measured at fair value

    2. Article 15.Article 468(3) of Regulation (EU) No 575/2013: Unrealised gains measured at fair value

    3. Article 16.Article 471(1) of Regulation (EU) No 575/2013: Exemption from deduction of equity holdings in insurance companies from Common Equity Tier 1 items

    4. Article 17.Article 473(1) of Regulation (EU) No 575/2013: Introduction of amendments to the International Accounting Standard 19

    5. Article 18.Article 478(3)(a),(c) and (d) of Regulation (EU) No 575/2013: Applicable percentages for deduction from Common Equity Tier 1, additional Tier 1 and Tier 2 items

    6. Article 19.Article 478(3)(a) and (b) of Regulation (EU) No 575/2013: Applicable percentages for deduction from Common Equity Tier 1 of significant investments in financial sector entities and deferred tax assets that rely on future profitability

    7. Article 20.Article 479(1) and (4) of Regulation (EU) No 575/2013: Recognition in consolidated Common Equity Tier 1 capital of instruments and items that do not qualify as minority interests

    8. Article 21.Article 480(3) of Regulation (EU) No 575/2013: Recognition in consolidated own funds of minority interests and qualifying additional Tier 1 and Tier 2 capital

    9. Article 22.Article 481(1) and (5) of Regulation (EU) No 575/2013: Additional filters and deductions

    10. Article 23.Article 486(6) of Regulation (EU) No 575/2013: Limits for grandfathering items within Common Equity Tier 1, Additional Tier 1 and Tier 2 items

    11. Article 24.Article 495(1) of Regulation (EU) No 575/2013: Treatment of equity exposures under the Internal Ratings Based (IRB) approach

    12. Article 25.Entry into force

  9. Signature

    1. ANNEX I

      Conditions for assessing an exemption from the large exposure limit, in accordance with Article 400(2)(c) of Regulation (EU) No 575/2013 and Article 9(3) of this Regulation

      1. 1. This Annex applies in respect of exemptions from the large...

      2. 2. Credit institutions must take the following criteria into account when...

      3. 3. For the purposes of verifying whether the conditions specified in...

    2. ANNEX II

      Conditions for assessing an exemption from the large exposure limit, in accordance with Article 400(2)(d) of Regulation (EU) No 575/2013 and Article 9(4) of this Regulation

      1. 1. Credit institutions must take the following criteria into account when...

      2. 2. In addition to the conditions set out in paragraph 1,...

      3. 3. For the purposes of verifying whether the conditions specified in...

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