Capital Requirement - Commision Delegated Regulation (EU) 2015/62 on Leverage ratio
On 17 January 2015 the Official Journal of the European Union published the Commission Delegated Regulation (EU) 2015/62 of 10 October 2014 amending Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to the leverage ratio.
This Regulation (EU) amends Article 429, replacing the old one by three new articles organised as following:
- Article 429 - Calculation of the leverage ratio - gives guidance on how institutions shall calculate their leverage ratio
- Article 429a - Exposure value of derivatives – specifies the methods for the exposure calculation of derivative products falling in the scope of the leverage ratio
- Article 429 b - Counterparty credit risk add-on for repurchase transactions, securities or commodities lending or borrowing transactions, long settlement transactions and margin lending transactions – specifies the add-on for counterparty credit risk to be included in the exposure calculation.
This Regulation shall apply as from 18 January 2015.