Regulatory Alerts2022-03-29
Added · Updated
Royal Decree of 21 February 2022 approving the Regulation of the National Bank of Belgium of 26 October 2021 imposing a Tier 1 core capital buffer for systemic risk related to exposures to individuals secured by non-business immovable property located in Belgium
Credit institutions must maintain a Tier 1 core capital buffer calculated by multiplying the weighted amount of retail exposures to natural persons secured by non-business immovable property located in Belgium by 9 percent. This macroprudential measure applies to credit institutions defined in Book II and Book III, Title II of the Law of 25 April 2014. The regulation enters into force on 1 May 2022, subject to the adoption of the European Commission's implementing act, and ceases to have effect on 30 April 2023.
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