Art. 107
Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex
Approaches to credit risk
7 changes recorded across 7 events, newest first.
in force 2025-01-01 MODIFIED+296 −78§
Amended by Regulation (EU) 2024/1623 32024R1623 · Regulation (EU) 2024/2987 32024R2987 · Regulation (EU) 2024/2795 32024R2795
applies from: unchanged
In paragraphs 1 and 2, the cross-reference to Article 92(3), points (a) and (f), was replaced with a reference to Article 92(4), points (a) and (g), and paragraph 1 also rewords "if permitted" as "where permitted".
Paragraph 3 was expanded to add exposures to third-country financial institutions that are authorised and supervised by third-country authorities and subject to prudential requirements comparable to those applied to institutions in terms of robustness, alongside the previously listed third-country investment firms, credit institutions and exchanges, and "where" was changed to "if".
Cited: Art. 107, v2 · Art. 107, v1
text before / after
02013R0575-20240709 → 02013R0575-20250101
Article 107
Approaches to credit risk
1. Institutions shall apply either the Standardised Approach provided for in Chapter 2 or, if where permitted by the competent authorities in accordance with Article 143, the Internal Ratings Based Approach provided for in Chapter 3 to calculate their risk-weighted exposure amounts for the purposes of Article 92(4), points (a) and (f) of Article 92(3). (g).
2. For trade exposures and for default fund contributions to a central counterparty, institutions shall apply the treatment set out in Chapter 6, Section 9 9, to calculate their risk-weighted exposure amounts for the purposes of Article 92(4), points (a) and (f) of Article 92(3). (g). For all other types of exposures to a central counterparty, institutions shall treat those exposures as follows:
(a) as exposures to an institution for other types of exposures to a qualifying CCP;
(b) as exposures to a corporate for other types of exposures to a non-qualifying CCP.
3. For the purposes of this Regulation, exposures to a third-country investment firm, a firms, third-country credit institution institutions and a third-country exchange exchanges, as well as exposures to third-country financial institutions authorised and supervised by third-country authorities and subject to prudential requirements comparable to those applied to institutions in terms of robustness, shall be treated as exposures to an institution only where if the third country applies prudential and supervisory requirements to that entity that are at least equivalent to those applied in the Union.
4. For the purposes of paragraph 3, the Commission may adopt, by way of implementing acts, and subject to the examination procedure referred to in Article 464(2), a decision as to whether a third country applies prudential supervisory and regulatory requirements at least equivalent to those applied in the Union. In the absence of such a decision, until 1 January 2015, institutions may continue to treat exposures to the entities referred to in paragraph 3 as exposures to institutions provided that the relevant competent authorities have approved the third country as eligible for that treatment before 1 January 2014.
in force 2024-07-09 MODIFIED§
Amended by Regulation (EU) 2024/1623 32024R1623
applies from: unknown
Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.
No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.
text before / after, on the event page →
in force 2023-06-28 MODIFIED§
Amended by Regulation (EU) 2019/876 32019R0876
applies from: unknown
Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.
No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.
text before / after, on the event page →
in force 2021-06-28 MODIFIED§
Amended by Regulation (EU) 2019/2033 32019R2033 · Regulation (EU) 2019/876 32019R0876 · Regulation (EU) 2021/558 32021R0558 · Regulation (EU) 2020/873 32020R0873
applies from: unchanged
Paragraph 3 no longer refers to exposures to third-country clearing houses, listing only third-country investment firms, third-country credit institutions and third-country exchanges.
The wording introducing the equivalence condition changed from 'if the third country applies' to 'where the third country applies'.
Cited: Art. 107, v1 · Art. 107, v2
text before / after, on the event page →
in force 2020-12-28 MODIFIED§
Amended by Regulation (EU) 2019/876 32019R0876
applies from: unknown
Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.
No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.
text before / after, on the event page →
in force 2019-06-27 MODIFIED§
Amended by Regulation (EU) 2019/876 32019R0876
applies from: unknown
Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.
No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.
text before / after, on the event page →
detected 2026-08-13 MODIFIED§
no amending act named
applies from: unchanged
The wording in paragraph 4 changes from stating that competent authorities "had approved" the third country as eligible to stating that they "have approved" it.
The remaining text of the article, including the numbering and content of paragraphs 1 through 4, is otherwise unchanged aside from formatting of paragraph numbers and list items.
Cited: Art. 107, v1 · Art. 107, v2
text before / after, on the event page →