RegAlert2012-10-18
Added
Royal Decree of 11 October 2012 concerning the issuance of Belgian covered bonds by Belgian credit institutions
This Royal Decree establishes the eligibility criteria, coverage tests, and regulatory requirements for Belgian credit institutions issuing covered bonds. It defines eligible covering assets, including specific loan-to-value ratios for residential and commercial real estate, and mandates that the value of covering assets must always be at least 105% of the nominal amount of outstanding covered bonds. The decree further regulates the inclusion of derivatives in the special fund, requiring specific counterparty qualifications and documentation, and sets out liquidity and valuation standards for the issuing institutions.
NBB published 1 document in the last 30 days — get each new one by email the day it lands.
Title
2012003307
11 OCTOBER 2012. - Royal Decree concerning the issuance of Belgian covered bonds by credit institutions under Belgian law (NOTE: Consultation of previous versions from 18-10-2012 and text update until 15-02-2022)
Source: Finance
Publication: 18 October 2012
Number: 2012003307
Page: 63448
File Number: 2012-10-11/02
Entry into force: 18 October 2012
Read the rest free, and get an email when NBB publishes again
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
More like this from NBB
NBB published 1 document in the last 30 days. We email you each new one the day it's published.