Regulatory Alerts2023-01-23
Added · Updated
Circular to Credit Institutions on the Amendments of Banking Rules BR01, BR02, and BR20
Banking Rules BR/01, BR/02, and BR/20 are amended to implement specific European Banking Authority Guidelines. BR/01 adds information requirements for banking authorization aligned with EBA assessment methodologies. BR/02 is redrafted to address large exposures, covering tri-party repurchase agreements and exceptional cases for exceeding exposure limits. BR/20 updates recovery planning indicators and introduces a new Part on Group Financial Support. These changes take immediate effect for credit institutions.