Regulatory Alerts2026-05-07
Danish Financial Supervisory Authority extends transitional arrangement for credit ratings
The Danish Financial Supervisory Authority extends its transitional arrangement, permitting External Credit Assessment Institutions (ECAIs) to continue using credit ratings that assume implicit state support until 1 January 2027. This extension leverages Article 495e of CRR III, which empowers national regulators to allow such ratings until 31 December 2029, and aligns Danish implementation with broader European developments. The adjustment specifically applies to risk-weighting calculations under the standard approach for credit risk, temporarily preserving a methodology initially abolished under the CRR III framework.
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