EBA · 2019_4720 Rejected question

Partial Waiver of Article 6(1) CRR according to Article 7(3) CRR

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
7, para. 3
Topic
Large exposures
Submitted by
Competent authority
Submitted
2019-05-15

Question

Can a bank apply for a partial waiver of Article 6(1)  CRR as described in Article 7(3)?

Background

The case of the institution is that it was only seeking to waive compliance with part 4 of the CRR. Can such a 'partial waiver' be issued?
No answer published yet.

Original source: European Banking Authority, Q&A ID 2019_4720

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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