Capital Requirements Regulation (CRR)
The Delegated Act establishes a common definition of the leverage ratio for EU banks which will be the basis for publishing the leverage ratio from the beginning of 2015 onwards. It does not introduce a binding leverage ratio. A decision on whether or not to introduce a binding leverage ratio will only be made in 2016. The Delegated Act amending the methodology for calculating banks' leverage ratio will enhance the uniform understanding of the components of the leverage ratio. It aims to align the leverage ratio as currently included in the Capital Requirements Regulation with the internationally agreed leverage ratio so that there is an international level playing field and true global comparability.