Capital Requirements Regulation · 32013R0575 · every version of this act · on EUR-Lex (external, EUR-Lex)
4 changes recorded across 4 versions, newest first.
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Amended by Regulation (EU) 2021/424 32021R0424 on EUR-Lex (external, EUR-Lex)
Applies from: no date changed
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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 and the amending act's instructions do not mention it. Only the text comparison found it. All are shown; none is overruled.
Explanation, written by a model and checked against the cited text
The description of qualifying institutions in paragraph 1a changed from those that are G-SIIs or part of a G-SII to those that are G-SII entities.
The phrase requiring compliance with Article 92a was changed from referring to a singular requirement to referring to requirements in the plural.
Cited: Art. 6, v1 (external, EUR-Lex) · Art. 6, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, before and after
Previous version, in force 28 June 2021 02013R0575-20210629 → this version, in force 30 September 2021 02013R0575-20210930
Article 6
General principles
1. Institutions shall comply with the obligations laid down in Parts Two, Three, Four, Seven, Seven A and Eight of this Regulation and in Chapter 2 of Regulation (EU) 2017/2402 on an individual basis, with the exception of point (d) of Article 430(1) of this Regulation.
1a. By way of derogation from paragraph 1 of this Article, only institutions identified as resolution entities that are also G-SIIs or that are part of a G-SII, G-SII entities and that do not have subsidiaries shall comply with the requirement requirements laid down in Article 92a on an individual basis.
Material subsidiaries of a non-EU G-SII shall comply with Article 92b on an individual basis, where they meet all the following conditions:
(a) they are not resolution entities;
(b) they do not have subsidiaries;
(c) … 376 unchanged words … 14 of Regulation (EU) No 648/2012, shall not be required to comply with the obligations laid down in Part Seven and the associated leverage ratio reporting requirements laid down in Part Seven A of this Regulation on an individual basis.
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)
Applies from: not readable (the text changed beyond its dates, so no date that moved can be read as the application date) why
dates added to the text: 2014-07-23
Explanation, written by a model and checked against the cited text
Paragraph 1 now lists Parts Two, Three, Four, Seven, Seven A and Eight together with Chapter 2 of Regulation (EU) 2017/2402 as subject to individual-basis compliance, with an exception for point (d) of Article 430(1), replacing the earlier reference to Parts Two to Five and Eight.
Paragraph 3 gains an added subparagraph requiring the institutions referred to in paragraph 1a to comply with Article 437a and point (h) of Article 447 on an individual basis, a provision absent from the earlier version.
Paragraph 4 is rewritten to require compliance with Part Six and point (d) of Article 430(1) and to add a list of institutions, under points (a), (b) and (c), excused from Article 413(1) and the associated Part Seven A liquidity reporting requirements, and paragraph 5 is rewritten to add institutions authorised under Article 14 of Regulation (EU) No 648/2012 and to reference the associated Part Seven A leverage ratio reporting requirements, in place of the prior text referring to investment firms and to Articles 95(1) and 96(1).
Cited: Art. 6, v2 (external, EUR-Lex) · Art. 6, v1 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, on this version's page
Amended by Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex)
Applies from: no date changed
Explanation, written by a model and checked against the cited text
A new paragraph 1a is inserted, stating that by way of derogation from paragraph 1, only institutions identified as resolution entities that are also G-SIIs or part of a G-SII and that do not have subsidiaries shall comply with the requirement in Article 92a on an individual basis.
The new paragraph 1a also adds that material subsidiaries of a non-EU G-SII shall comply with Article 92b on an individual basis where they are not resolution entities, do not have subsidiaries, and are not subsidiaries of an EU parent institution.
Paragraphs 2 through 5 remain textually unchanged between the two versions.
Cited: Art. 6, v2 (external, EUR-Lex) · Art. 6, v1 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, on this version's page
no amending act named
Applies from: no date changed
Explanation, written by a model and checked against the cited text
Paragraphs 2 and 3 have been reworded from "shall not be required to comply" to "shall be required to comply" using a "No institution ... shall be required" construction instead of the earlier "Every institution ... shall not be required" phrasing.
Both paragraphs also changed their cross-reference to the consolidation provision from Article 19 to Article 18.
Cited: Art. 6, v1 (external, EUR-Lex) · Art. 6, v2 (external, EUR-Lex)
v1 is the previous version, v2 this one.
Text from EUR-Lex, on this version's page