Circular Letter No. CC/2021/00000060

Summary

Disseminates the Guidelines specifying the criteria for assessing exceptional cases where institutions exceed the limits on large exposures provided for in Article 395(1) of Regulation (EU) No 575/2013 (CRR) and the timeframe and measures for restoring compliance with the limits in accordance with Article 396(3) of that Regulation (EBA/GL/2021/09).

Status

In force

Official Journal

12/2021 Supplement

Publication Date

17-12-2021

Issue Date

14-12-2021

Recipient Type

Credit Institutions, Financial Companies

Descriptors

Financial Stability, Large Exposures, Credit Losses, Credit Risks

Recipients

Banks, Central Credit Cooperative Savings Bank, Agricultural Credit Cooperative Savings Banks, Savings Banks, Mortgage Credit Institutions, Credit Financial Institutions, Factoring Companies, Mutual Guarantee Companies, Investment Companies, Financial Leasing Companies, Credit Financial Companies

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