2016-03-24

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Recommendation of the European Systemic Risk Board of 24 March 2016 amending Recommendation ESRB/2015/2 on the assessment of cross-border effects of and voluntary reciprocity for macroprudential policy measures (ESRB/2016/3)

This recommendation amends Recommendation ESRB/2015/2 to include a Belgian macroprudential measure in the list of measures recommended for reciprocation. The measure consists of a 5-percentage-point risk-weight add-on applied by internal ratings-based credit institutions to Belgian mortgage loan exposures. Relevant authorities are recommended to reciprocate this add-on for exposures from branches and direct cross-border lending, with an option to waive reciprocation if no material exposures exist. Authorities are advised to adopt equivalent measures within six months where direct reciprocation is not feasible.

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Lineage: Amended

Regulation (EU) No 1092/2010 of…2010Regulation (EU) No 575/2013 of …2013ESRB/2011/1 Decision No. 1 date…not in RegAlertRecommendation on the assessmen…2015Recommendation of the EuropeanSystemic Risk Board of 24 Mar…2016-03-24 · this documentRecommendation of the European …2018
amendssupersedesissued underrefers toproposed or not in RegAlertarrows run from the older text to the one that changes it

Source: European Systemic Risk Board — 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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