emendrix

Art. 520

Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex

Amendment of Regulation (EU) No 648/2012

3 changes recorded across 3 events, newest first.

in force 2025-01-01 MODIFIED+0 −1

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

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 two versions of Article 520(1)(3) are textually identical apart from a trailing stray period after the final sentence, which is removed in the later version.

Cited: Art. 520, v1 · Art. 520, v2

text before / after

02013R0575-2024070902013R0575-20250101

Article 520 Amendment of Regulation (EU) No 648/2012 Regulation (EU) No 648/2012 is amended as follows: (1) the following Chapter is added in Title IV: CHAPTER 4 Calculations and reporting for the purposes of Regulation (EU) No 575/2013 Article 50a Calculation of KCCP 1. For the purposes of … 1,716 unchanged words … received from its clearing members. The deadlines referred to in the first and second subparagraphs of this paragraph may be extended by six months in accordance with a Commission implementing act adopted pursuant to Article 497(3) of Regulation (EU) No 575/2013. .

in force 2015-01-18 MODIFIED

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

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 wording of the inserted Chapter 4 provisions is essentially the same in both versions, but formatting and spacing of the KCCP, PCEred and DF formulas and their surrounding symbols have been altered, with mathematical operators and subscript markers removed or run together in the later text.

Minor typographical changes also appear elsewhere, such as the spacing in the OJ citation reference, without any change to the substantive rules on calculation, reporting or the transitional treatment in Article 89(5a).

Cited: Art. 520, v1 · Art. 520, v2

text before / after, on the event page →

detected 2026-08-13 MODIFIED

no amending act named

applies from: unchanged

In the inserted Article 50a(1), the wording changed from applying only where a CCP has received the notification referred to in Article 301(2)(b) of Regulation (EU) No 575/2013 to applying without any reference to that notification, and Article 50a(2) gained a new sentence specifying that all values in the KCCP formula relate to the valuation at the end of the day before the margin called on the final margin call of that day is exchanged.

In the inserted Article 89(5a), the cross-references to the regulatory technical standards were changed from a general reference to eleven regulatory technical standards described at the end of paragraphs 3's subparagraphs to specific lists of standards under Articles 16, 25, 26, 29, 34, 41, 42, 44, 45, 47 and 49 (with Article 25 omitted in the second subparagraph), and wording describing the extension of the deadlines and the reporting condition for CCPs without a default fund was reworded, including changing the phrase describing the CCP's information obligation and adding a reference to a fourth subparagraph.

Cited: Art. 520, v1 · Art. 520, v2

text before / after, on the event page →