Version in force , Modified +25 −11§
Amended by Regulation (EU) 2019/2033 32019R2033 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2021/558 32021R0558 on EUR-Lex (external, EUR-Lex) · Regulation (EU) 2020/873 32020R0873 on EUR-Lex (external, EUR-Lex)
Kinds differWhat this means
The sources name different kinds of change — they agree this provision changed and disagree about how: the text comparison called it MODIFIED and the EU's own amendment metadata called it INSERTED. No one kind of change is named by every source that found it. Both are shown; neither is overruled.
Explanation, written by a model and checked against the cited text
The threshold for classifying an exposure as a large exposure is now measured against the institution's Tier 1 capital rather than its eligible capital.
The text also now refers to the value of the exposure rather than simply the exposure's value, and 'group of connected clients' is preceded by the article 'a'.
Cited: Art. 392, v1 (external, EUR-Lex) · Art. 392, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 28 December 2020 02013R0575-20201228 → this version, in force 28 June 2021 02013R0575-20210629
Article 392
Definition of a large exposure
An institution's exposure to a client or a group of connected clients shall be considered a large exposure where its the value of the exposure is equal to or exceeds 10 % of its eligible Tier 1 capital.