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Version status: Entered into force | Document consolidation status: No known changes
Version date: 18 January 2015 - onwards
  Version 2 of 2    

Article 1

Regulation (EU) No 575/2013 is amended as follows:

(1) Article 429 is replaced by the following:

''Article 429

Calculation of the leverage ratio

1. Institutions shall calculate their leverage ratio in accordance with the methodology set out in paragraphs 2 to 13.

2. The leverage ratio shall be calculated as an institution's capital measure divided by that institution's total exposure measure and shall be expressed as a percentage.

Institutions shall calculate the leverage ratio at the reporting reference date.

3. For the purposes of paragraph 2, the capital measure shall be the Tier 1 capital.

4. The total exposure measure shall be the sum of the exposure values of:

(a) assets referred to in paragraph 5 unless they are deducted when determining the capital measure referred to in paragraph 3;

(b) derivatives referred to in paragraph 9;

(c) add-ons for counterparty credit risk of repurchase transactions, securities or commodities lending or borrowing transactions, long settlement transa

Comparing proposed amendment...