EBA · 2013_323 Rejected question

Liechtenstein is menber of EEA and uses Swiss Francs (CHF).

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
114 (5)
Topic
Other issues
Submitted by
Other
Submitted
2013-10-04
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Question

Liechtenstein is a member of the EEA, but uses Swiss Francs as a domestic currency. Switzerland is not a member of the EEA. Are Swiss Francs to be regarded as a domestic currency like the Euro for the purpose of paragraph 5.

Background

Article 114 (5) Until 31 December 2017, the same risk weight shall be assigned in relation to exposures to the central governments or central banks of Member States denominated and funded in the domestic currency of any Member State as would be applied to such exposures denominated and funded in their domestic currency.
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Original source: European Banking Authority, Q&A ID 2013_323

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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