CRR Tool
Capital Requirements Regulation (CRR)
Article 518b

Article 518b - Report on overshootings and supervisory powers to limit distributions

Status
In force
Selected consolidated version from
30/09/2021
Search all articles and keywords within this legal act

Article 518b

Report on overshootings and supervisory powers to limit distributions

By 31 December 2021, the Commission shall report to the European Parliament and to the Council on whether exceptional circumstances that trigger serious economic disturbance in the orderly functioning and integrity of financial markets justify:

(a) 

during such periods, permitting competent authorities to exclude from institutionsmarket risk internal models overshootings that do not result from deficiencies in those models;

(b) 

during such periods, granting additional binding powers to competent authorities to impose restrictions on distributions by institutions.

The Commission shall consider further measures, if appropriate.

Related documents