Art. 501
Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex
Adjustment of risk-weighted non-defaulted SME exposures
7 changes recorded across 7 events, newest first.
in force 2025-01-01 MODIFIED+85 −341§
Amended by Regulation (EU) 2024/1623 32024R1623 · Regulation (EU) 2024/2987 32024R2987 · Regulation (EU) 2024/2795 32024R2795
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates removed: 2003-05-06
Point (a) of paragraph 2 now excludes ADC exposures from the retail, corporates, or secured-by-mortgages-on-immovable-property exposure classes to which an SME exposure may be assigned, whereas the earlier text listed those classes without any such exclusion.
Point (b) of paragraph 2 now defines an SME by reference to the meaning laid down in Article 5, point (9), replacing the earlier reference to Commission Recommendation 2003/361/EC and its turnover-only criterion.
Cited: Art. 501, v1 · Art. 501, v2
text before / after
02013R0575-20240709 → 02013R0575-20250101
Article 501
Adjustment of risk-weighted non-defaulted SME exposures
1. Institutions shall adjust the risk-weighted exposure amounts for non-defaulted exposures to an SME (RWEA), which are calculated in accordance with Chapter 2 or 3 of Title II of Part Three, as applicable, in accordance with the following formula:RWEA*RWEAminE*; EUR 25000000,7619maxE*EUR 2500000; 00,85E*
where:
RWEA*
the RWEA adjusted by an SME supporting factor; and
E* is either of the following:
(a) the total amount owed to the institution, its subsidiaries, its parent undertakings and other subsidiaries of those parent undertakings, including any exposure in default, but excluding claims or contingent claims secured on residential property collateral, by the SME or the group of connected clients of the SME;
(b) where the total amount referred to in point (a) is equal to 0, the amount of claims or contingent claims against the SME or the group of connected clients of the SME that are secured on residential property collateral and that are excluded from the calculation of the total amount referred to in that point.
2. For the purposes of this Article:
(a) the exposure to an SME shall be included either in the retail or in the corporates or secured by mortgages on immovable property classes; exposure classes but excluding ADC exposures;
(b) an SME is defined in accordance with Commission Recommendation 2003/361/EC
Commission Recommendation 2003/361/EC of 6 May 2003 concerning shall have the definition of micro, small and medium-sized enterprises (OJ L 124, 20.5.2003, p. 36).; among the criteria listed meaning laid down in Article 2 of the Annex to that Recommendation only the annual turnover shall be taken into account; 5, point (9);
(c) institutions shall take reasonable steps to correctly determine E* and obtain the information required under point (b).
in force 2024-07-09 MODIFIED§
Amended by Regulation (EU) 2024/1623 32024R1623
applies from: unknown
Sources disagree, and there is no text on either side — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.
No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships marked disputed.
text before / after, on the event page →
in force 2022-04-10 MODIFIED§
Amended by Regulation (EU) 2019/876 32019R0876 · Regulation (EU) 2021/558 32021R0558
applies from: unchanged
Sources disagree about what is listed, not about the text — the text comparison found this change; the EU's own amendment metadata does not list it. Both are shown; neither is overruled.
The only visible difference is a formatting change in point (b), where a duplicated punctuation mark following the footnote reference to Commission Recommendation 2003/361/EC has been removed.
Cited: Art. 501, v1 · Art. 501, v2
text before / after, on the event page →
in force 2021-09-30 MODIFIED§
Amended by Regulation (EU) 2021/424 32021R0424
applies from: unchanged
Sources disagree about what is listed, not about the text — the text comparison found this change; the EU's own amendment metadata does not list it and the amending act's instructions do not mention it. All are shown; none is overruled.
The definition of E* changes from a single formula to a choice between two points: point (a) restates the prior total-amount formula excluding claims secured on residential property collateral, while point (b) adds that where that total amount is zero, E* instead becomes the amount of claims or contingent claims against the SME or its group of connected clients that are secured on residential property collateral and that were excluded from the point (a) calculation.
The earlier text defined E* only as the total amount owed excluding residential-property-secured claims, without any provision for using those excluded secured claims as E* in any circumstance.
Cited: Art. 501, v2 · Art. 501, v1
text before / after, on the event page →
in force 2021-06-28 MODIFIED§
Amended by Regulation (EU) 2019/2033 32019R2033 · Regulation (EU) 2019/876 32019R0876 · Regulation (EU) 2021/558 32021R0558 · Regulation (EU) 2020/873 32020R0873
applies from: unknown
Sources disagree, and there is no text on either side — the EU's own amendment metadata found this change; the text comparison finds no difference in the provision's text. Both are shown; neither is overruled.
No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships marked disputed.
text before / after, on the event page →
in force 2020-06-27 MODIFIED§
Amended by Regulation (EU) 2020/873 32020R0873
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates removed: 2016-06-28
Sources disagree about what is listed, not about the text — the text comparison found this change; the EU's own amendment metadata does not list it and the amending act's instructions do not mention it. All are shown; none is overruled.
The heading and title changed from a flat capital requirements deduction described in a single multiplier to an adjustment of risk-weighted non-defaulted SME exposures expressed through a formula involving RWEA and E*.
Paragraph 1 no longer states a simple 0.7619 multiplier applied to capital requirements for SME credit risk, but instead sets out a calculation adjusting risk-weighted exposure amounts using defined terms RWEA* and E*, referencing Chapter 2 or 3 of Title II of Part Three.
The former paragraph 2(a) exclusion of exposures in default, paragraph 2(c)'s EUR 1.5 million knowledge-based threshold, and paragraphs 3, 4 and 5 on reporting to competent authorities, the Commission's 2016 report, and EBA's analysis are absent from the after text, which instead ends with a point (c) on institutions taking reasonable steps to determine E* and obtain required information.
Cited: Art. 501, v1 · Art. 501, v2
text before / after, on the event page →
detected 2026-08-13 MODIFIED§
no amending act named
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates added to the text: 2016-06-28 · dates removed: 2017-01-02
The reporting deadline for the Commission's report on SME and natural-person lending impacts was changed from 2 January 2017 to 28 June 2016.
The phrase describing the institution's knowledge requirement was changed from 'this knowledge' to 'such knowledge', and the introduction to EBA's reporting obligation was changed from 'report the following' to 'report on the following'.
The wording of points (a) and (b) under paragraph 5 was altered to add the article 'an' before 'analysis' in each point.
Cited: Art. 501, v1 · Art. 501, v2
text before / after, on the event page →