RegAlert2020-10-09 | NBB_2020_39Added
Communication NBB_2020_39 concerning the temporary exclusion of certain exposures on central banks from the total exposure measure of the leverage ratio, in view of the COVID-19 pandemic
The National Bank of Belgium declares that exceptional circumstances exist, allowing Belgian financial institutions and credit institutions to exclude specific exposures to central banks from their total exposure measure (the denominator of the leverage ratio) under Article 500ter of Regulation (EU) No 575/2013. This exclusion applies exclusively to exposures linked to deposit facilities or reserve accounts held within the Eurosystem, such as funds for mandatory reserve requirements, and remains valid until June 27, 2021. Exposures representing claims on central banks unrelated to monetary policy implementation are explicitly excluded from this temporary measure.
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NBB_2020_39 – 09 October 2020 Communication – Page 1/3 boulevard de Berlaimont 14 – BE-1000 Brussels tel. +32 2 221 30 17 company number: 0203.201.340 RPM Brussels www.bnb.be
Communication
Brussels, 09 October 2020
Reference: NBB_2020_39 your contact:
Guy Van Den Eynde tel. +32 2 221 57 54
Guy.VanDenEynde@nbb.be
Communication concerning the temporary exclusion of certain exposures on central banks from the total exposure measure of the leverage ratio, in view of the COVID-19 pandemic
Scope
Belgian mixed financial companies and credit institutions not subject to the direct supervision of the European Central Bank1
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Lineage: In force
Source: National Bank of Belgium — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works
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