Regulatory Alerts2021-05-28 | NBB_2021_09Added · Updated
Circular NBB_2021_09 / EBA Guidelines of 15 February 2021 specifying the conditions for the application of the alternative treatment of institutions' exposures related to 'tripartite repurchase agreements' under Article 403(3) of Regulation (EU) No 575/2013 (CRR) for large exposures
This circular transposes the European Banking Authority's guidelines of 15 February 2021 into Belgian law, specifying the conditions under which credit institutions and stockbroking firms may apply an alternative treatment for exposures linked to tripartite repurchase agreements. It details the requirements for these agreements to qualify for the exemption from large exposure limits as provided for in Article 403(3) of the Capital Requirements Regulation. The document establishes the specific operational and legal criteria that institutions must meet to utilize this alternative treatment for large exposures.
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