Regulatory AlertsRegulations Amending Prudential Requirements and Capital Buffers (FFFS 2015:3)
Finansinspektionen amends its prudential requirements regulations (FFFS 2014:12) to exempt covered bond issuers from the derivative counterparty concentration limits mandated by Article 129(1)(c) of the Capital Requirements Regulation. This exemption addresses potential Swedish market concentration risks by permitting issuers to utilize multiple derivative counterparties rather than being restricted to a few. The European Banking Authority has validated the measure, which officially takes effect on 31 March 2015.
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