Question ID
2023_6725
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Credit risk
Article
501, 501a
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
n.a.
Type of submitter
Individual
Subject matter
Opinion to Question 2020_5551, whether an institution is allowed to apply the supporting factor for SMEs and the supporting factor for infrastructure projects simultaneously.
Question

A pending Question 2020_5551 asks an opinion whether an institution is allowed to apply the supporting factor for SMEs (Art 501) and the supporting factor for infrastructure projects (Art 501a) simultaneously.

I share here my opinion to help the answer, as it would be important to our institution, and I think the answer is simplier than thought suggested on that question.

The pending question I am referring to is under the link https://www.eba.europa.eu/single-rule-book-qa/qna/view/publicId/2020_5551

Background on the question

Article 501 and 501a both allow to apply some decreasing factors in Capital Requirement Calculation if the conditions are fulfilled defined in the corresponding Articles.

The question is whether both decreasing factors are allowed to use in case conditions of both Articles are fulfilled.

 

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it deals with is already explained or addressed in Regulation (EU) No 575/2013 as amended by Regulation (EU) 2019/876 (Capital Requirements Regulation or CRR2), Directive 2013/36/EU as amended by Directive (EU) 2019/878 (Capital Requirements Directive or CRD5) Directive 2014/59/EU as amended by Directive (EU) 2019/879 (Banking Resolution and Recovery Directive or BRRD2), Directive 2014/49/EU (Deposit Guarantee Schemes Directive or DGSD), Directive 2015/2366/EU (Payment Service Directive 2 – PSD 2), Directive 2014/17/EU (Mortgage Credit Directive or MCD) and Regulation (EU) 2017/2402 (Simple, transparent and standardised Securitisation Regulation or SecReg) ) as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts. For further information on the purpose of this tool and on how to submit questions, please see 'Additional background and guidance for asking questions'.

Status
Rejected question