EBA · 2020_5392 Question under review

Mapping to exposure classes

Regulation
Regulation (EU) No 575/2013 (CRR)
Article
112
Topic
Credit risk
Submitted by
Individual
Submitted
2020-07-25
Answer provided by
ESAs (EBA, ESMA, EIOPA)
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Question

Are Greenland, Faroer, Guernsey, Isle of Man and Jersey to be treated as "central goverments" under Article 112(a) CRR or are they to be treated as "regional governments" under Article 112(b) CRR?

Background

As the CRR does not provide a definition of "central government", it is unclear how to treat "territories" that are not states in the sense that they are not members of the United Nations, with regard to mapping exposures towards them to the exposure classes under Article 112 CRR for the SA and Article 147 CRR for the IRBA.
No answer published yet.

Original source: European Banking Authority, Q&A ID 2020_5392

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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