Calculation of institution-specific countercyclical capital buffer rates

According to Article 140(1) of Directive  2013/36/EU (CRD), the institution-specific countercyclical capital buffer rate is the weighted average of the countercyclical buffer rates that apply in the jurisdictions where the relevant credit exposures are located or are applied by virtue of Article 139(2) or (3) CRD. According to Article 130(1) of Directive 2013/36/EU (CRD), the institution-specific countercyclical capital buffer is equivalent to the institution’s total risk exposure amount multiplied by the weighted average of the countercyclical capital buffer rates calculated in accordance with Article 140 CRD on an individual and on a consolidated basis, as applicable in accordance with Title II, Part One of Regulation (EU) No 575/2013 (CRR). By using Article 458 of Regulation (EU) No 575/2013 (CRR), the risk weights in Part Three, Title II of the CRR may change and affect the total risk exposure amount calculated in accordance with Article 92(3) of Regulation (EU) No 575/2013 (CRR). Depending on the design of a specific measure, the amount of credit exposures may change as well. Consequently, the capital requirements that will result from the adjusted risk weights, following the application of a measure implemented on the basis of Article 458 of Regulation (EU) No 575/2013 (CRR) shall be included in the calculation of the institution-specific countercyclical capital buffer and, if relevant, in the calculation of the institution-specific countercyclical capital buffer rate.