Version in force , Modified +376 −122§
Amended by Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex)
Explanation, written by a model and checked against the cited text
The scope now names financial holding companies and mixed financial holding companies, in addition to institutions, as subject to the general prudential requirements under Directive 2013/36/EU.
Point (a) now includes leverage among the elements covered by own funds requirements, while point (c) no longer conditions liquidity requirements on the entry into force of the delegated act referred to in Article 460, and point (d) no longer refers to leverage as a separate reporting item.
A new paragraph has been added stating that the Regulation also lays down uniform rules on own funds and eligible liabilities requirements for resolution entities that are global systemically important institutions or part of such institutions, and for material subsidiaries of non-EU global systemically important institutions.
Cited: Art. 1, v2 (external, EUR-Lex) · Art. 1, v1 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 26 April 2019 02013R0575-20190426 → this version, in force 27 June 2019 02013R0575-20190627
Article 1
Scope
This Regulation lays down uniform rules concerning general prudential requirements that institutions institutions, financial holding companies and mixed financial holding companies supervised under Directive 2013/36/EU shall comply with in relation to the following items:
(a) own funds requirements relating to entirely quantifiable, uniform and standardised elements of credit risk, market risk, operational risk, settlement risk and settlement risk; leverage;
(b) requirements limiting large exposures;
(c) after the delegated act referred to in Article 460 has entered into force, liquidity requirements relating to entirely quantifiable, uniform and standardised elements of liquidity risk;
(d) reporting requirements related to points (a), (b) and (c) and to leverage; (c);
(e) public disclosure requirements.
This Regulation lays down uniform rules concerning the own funds and eligible liabilities requirements that resolution entities that are global systemically important institutions (G-SIIs) or part of G-SIIs and material subsidiaries of non-EU G-SIIs shall comply with.
This Regulation does not govern publication requirements for competent authorities in the field of prudential regulation and supervision of institutions as set out in Directive 2013/36/EU.