EBA · 2013_30 Final Q&A

Grandfathering limit

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
486, para. 5
Topic
Own funds
Submitted by
Credit institution
Submitted
2013-07-05
Answered
2013-11-29
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

Once applicable percentages in the range are specified by the local regulator, would it be applied: (1) at the beginning of the period; (2) at the end of the period or (3) on a straight-line basis throughout the 12 months period?

Background

Impact on capital planning for issuers

Answer

Competent authorities may choose to apply the applicable percentages they have chosen stepwise from the beginning of the period (the percentage chosen would be applicable during 12 months) or on a straight line basis throughout the 12 month period.

Original source: European Banking Authority, Q&A ID 2013_30

This Q&A is published by European Banking Authority and is non-binding. It does not constitute legal advice. Updated weekly from official ESA sources.

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