Art. 495e · Transitional arrangements for ECAI credit assessments of institutions

Version in force 1 January 2025, Inserted +337 −0§

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

Applies from: not readable (an inserted provision states its own application date only in prose) why

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

This is a newly inserted article that allows competent authorities to permit institutions to keep using an ECAI credit assessment relating to an institution that incorporates assumptions of implicit government support, as a derogation from Article 138, point (g), until 31 December 2029.

Cited: Art. 495e, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 495e
Transitional arrangements for ECAI credit assessments of institutions
By way of derogation from Article 138, point (g), competent authorities may allow institutions to continue using an ECAI credit assessment in relation to an institution which incorporates assumptions of implicit government support until 31 December 2029.