Art. 159a

in force 2025-01-01 INSERTED+527 −0§

Amended by Regulation (EU) 2024/1623 32024R1623 · Regulation (EU) 2024/2987 32024R2987 · Regulation (EU) 2024/2795 32024R2795

applies from: unknown (an inserted provision states its own application date only in prose)

Sources disagree — the text comparison found this change; the EU's own amendment metadata does not list it. Both are shown; neither is overruled.

This is a new provision, Article 159a, stating that for the purposes of Chapter 3, and specifically Articles 160(1), 161(4), 164(4) and 166(8c), the PD, LGD and CCF input floors do not apply to the portion of an exposure covered by an eligible guarantee provided by a central government, a central bank or the ECB.

The same new text specifies that the remaining portion of the exposure not covered by that guarantee remains subject to the PD, LGD and CCF input floors concerned.

Cited: Art. 159a, v2

Article 159a
Non-application of PD, LGD and CCF input floors
For the purposes of Chapter 3, and in particular with regard to Articles 160(1), 161(4), 164(4) and 166(8c), where an exposure is covered by an eligible guarantee provided by a central government or central bank or by the ECB, the PD, LGD and CCF input floors shall not apply to the part of the exposure covered by that guarantee. However, the part of the exposure that is not covered by that guarantee shall be subject to the PD, LGD and CCF input floors concerned.

in force 2024-07-09 INSERTED§

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 →