Regulatory Alerts2022-05-12
Added · Updated
Commission Delegated Regulation (EU) 2022/954 amending Delegated Regulation (EU) No 183/2014 on credit risk adjustments
The European Commission amends Delegated Regulation (EU) No 183/2014 by adding Article 1(6) to specify the calculation of specific credit risk adjustments for defaulted exposures. Credit institutions must include any positive difference between the amount owed by the obligor and the sum of additional own funds reductions and existing own funds reductions when assigning risk weights under Article 127(1) of Regulation (EU) No 575/2013. This regulation entered into force on the twentieth day following its publication in the Official Journal of the European Union on 21 June 2022.
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