Table of Contents
Page Overview
Document Overview
Regulation 118 Transitional provisions on standard parameters
(1) Despite Regulations 113, 114(3) to (5) and 117 -
(a) until 31 December 2017, the standard parameters to be used when calculating the concentration risk sub-module and the spread risk submodule in accordance with the standard formula shall be the same in relation to exposures to Member States' central governments or central Banks denominated and funded in the domestic currency of any Member State as those that would be applied to such exposures denominated and funded in their domestic currency,
(b) in 2018, the standard parameters to be used when calculating the concentration risk sub-module and the spread risk sub-module in accordance with the standard formula shall be reduced by 80% in relation to exposures to Member States' central governments or central Banks denominated and funded in the domestic currency of any other Member State,
(c) in 2019, the standard parameters to be used when calculating the concentration risk sub-module and the spread risk sub-module in accordance with the standard formula shall be reduced by 50% in relation to exposures to Member States' central governments or central Banks denominated and funded in the domestic currency of any other Member State, and