2025-11-11

Added · Updated

Consultation on amending the Regulation on Specific Provisions CRD and CRR in connection with the application of revaluation limits for covered bonds

The Netherlands Authority for the Financial Markets (DNB) exercises supervisory discretion under Article 129 of the CRR to exempt banks issuing covered bonds from the revaluation limits set out in Article 229(1)(e) of the CRR. This exemption allows these banks to value real estate collateral in their covered bond pools at or below market value or mortgage value without applying the statutory caps on revaluation. The measure applies to Dutch banks that have issued covered bonds under the Covered Bond Directive and permits the continued use of market or mortgage valuation methods for these specific assets.

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De Nederlandsche Bank

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