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Provision history · CRR

Art. 228 · Calculating risk-weighted exposure amounts under the Financial Collateral Comprehensive method for exposures treated under the Standardised Approach

Capital Requirements Regulation · 32013R0575 · every version of this act · on EUR-Lex

2 changes recorded across 2 versions, newest first.

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Version in force Modified +76 −462

Amended by Regulation (EU) 2024/1623 32024R1623 on EUR-Lex · Regulation (EU) 2024/2987 32024R2987 on EUR-Lex · Regulation (EU) 2024/2795 32024R2795 on EUR-Lex

Applies from: no date changed

Explanation, written by a model and checked against the cited text

The article's heading was narrowed to refer only to exposures treated under the Standardised Approach, removing the earlier reference to expected loss amounts.

The numbered paragraph structure was removed, with the former paragraph 1 text on the Standardised Approach retained as unnumbered running text, while the former paragraph 2 covering the IRB Approach and the LGD* calculation was deleted entirely.

The cross-reference for applying percentages to off-balance-sheet items was changed from Article 111(1) to Article 111(2).

Cited: Art. 228, v1 · Art. 228, v2

v1 is the previous version, v2 this one.

Text from EUR-Lex, before and after

Previous version, in force 9 July 2024 02013R0575-20240709 → this version, in force 1 January 2025 02013R0575-20250101

Article 228 Calculating risk-weighted exposure amounts and expected loss amounts under the Financial Collateral Comprehensive method 1. for exposures treated under the Standardised Approach Under the Standardised Approach, institutions shall use E* as calculated under Article 223(5) as the exposure value for the purposes of Article 113. In the case of off-balance sheet off-balance-sheet items listed in Annex I, institutions shall use E* as the value to which the percentages indicated in Article 111(1) 111(2) shall be applied to arrive at the exposure value. 2. Under the IRB Approach, institutions shall use the effective LGD (LGD*) as the LGD for the purposes of Chapter 3. Institutions shall calculate LGD* as follows:LGD*LGD E*E where: LGD the LGD that would apply to the exposure under Chapter 3 where the exposure was not collateralised; E the exposure value in accordance with Article 223(3); E* the fully adjusted exposure value in accordance with Article 223(5).

Version in force Modified

Amended by Regulation (EU) 2015/62 32015R0062 on EUR-Lex · Regulation (EU) 2018/405 32018R0405 on EUR-Lex

Applies from: no date changed

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison found this change; the EU's own amendment metadata does not list it. The source that does not name it is the EU's own amendment metadata. Both are shown; neither is overruled.

Explanation, written by a model and checked against the cited text

The formula for LGD* in paragraph 2 is written without the multiplication and division symbols that appeared in the earlier version, showing the terms LGD, E* and E listed together rather than expressed as LGD multiplied by the ratio of E* to E.

The numbering style of paragraphs 1 and 2 also changed from a stand-alone numeral on its own line to a numeral followed directly by the paragraph text.

Cited: Art. 228, v1 · Art. 228, v2

v1 is the previous version, v2 this one.

Text from EUR-Lex, on this version's page