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.

Get DNB alerts — same-day email on every new publication.

Bestaande naam: Subject / Optionele_Titel
80-051-1
| DNB UNRESTRICTED |
De Nederlandsche Bank N.V.,
After consultation;
Having regard to Article 129, third paragraph, of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms; Having regard to Directive (EU) 2019/2162 of the European Parliament and of the Council of 27 November 2019 on the issue of covered bonds and public supervision of covered bonds, amending Directives 2009/65/EC and 2014/59/EU; Decides:

Read the rest free, and get an email when DNB publishes again

Email me when DNB publishes something newOne email per publication, same day. Sign in below to keep reading.

Lineage: In force

amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: De Nederlandsche Bank — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works