Regulatory Alerts2022-12-01
Added · Updated
Annual disclosure regarding the designation of and capital surcharges on Belgian O-SIIs (1 December 2022)
The National Bank of Belgium designates KBC Group, BNP Paribas Fortis, ING Belgium, Belfius Bank, Euroclear Holding, The Bank of New York Mellon, Investeringsmaatschappij Argenta, and Crelan as other systemically important institutions. KBC Group, BNP Paribas Fortis, ING Belgium, and Belfius Bank are assigned a 1.5% CET1 capital surcharge, while Euroclear Holding, The Bank of New York Mellon, Investeringsmaatschappij Argenta, and Crelan are assigned a 0.75% surcharge. These additional capital requirements come into force on 1 January 2023.
Topics
Share