Regulatory Alerts2014-05-07
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Royal Decree of 25 April 2014 approving the National Bank of Belgium Regulation of 16 April 2014 on the own funds of credit institutions and investment firms
This Royal Decree approves the National Bank of Belgium's Regulation of 16 April 2014, which imposes a supplementary own funds requirement on credit institutions and investment firms for exposures secured by residential real estate in Belgium. Specifically, Article 2 mandates that the risk weight for these exposures, calculated under Article 154(3) of Regulation (EU) No 575/2013, be increased by 0.05. This measure is justified by the systemic risk associated with the Belgian residential property sector and applies to credit institutions, approved investment firms, and certain non-EEA branches established in Belgium.
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