Art. 162
Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex
8 changes recorded across 8 events, newest first.
in force 2026-06-26 MODIFIED±0§
Amended by Regulation (EU) 2019/2033 32019R2033
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`.
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in force 2025-01-01 MODIFIED§
Amended by Regulation (EU) 2024/1623 32024R1623 · Regulation (EU) 2024/2987 32024R2987 · Regulation (EU) 2024/2795 32024R2795
applies from: unchanged
Paragraph 1 rewords the maturity rule for institutions without permission to use own LGD estimates, stating a consistent M of 2,5 years generally, 0,5 years for securities financing transactions, or calculation under paragraph 2, replacing the prior wording keyed to repurchase, securities or commodities lending transactions and other exposures.
Paragraph 2 adds new points (da) and (db) covering secured lending transactions and mixed master netting agreements with minimum holding periods of 20 days or the longest applicable period, revises point (f) to include principal, interest and fees, replaces point (i)'s cross-references to Article 143 and Article 153(1) with references to Article 382a(1) and Article 153(1)(iii) and Article 92(4), and replaces point (j) on credit protection maturity with a rule on revolving exposures based on the facility's maximum contractual termination date rather than the current drawing's repayment date.
Paragraph 3 now specifies that M shall be the weighted average remaining maturity of the transactions in addition to being at least one day, adds a new point (e) on short-term self-liquidating letters of credit, and revises point (b) to refer to corporate purchased receivables rather than the prior residual-maturity trade finance wording; paragraph 4 changes the corporate exposure criterion from a size-based EUR threshold test to a distinction based on whether corporates are large corporates, and a new paragraph 6 sets out a divisor of 365,25 for converting the minimum day-periods in paragraph 2 points (c) to (db) and paragraph 3 into years.
Cited: Art. 162, v1 · Art. 162, v2
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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`.
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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
The qualifying short-term exposures list in point (a) now covers exposures to institutions or investment firms arising from settlement of foreign exchange obligations, whereas the earlier version referred only to exposures to institutions arising from such settlement.
Cited: Art. 162, v1 · Art. 162, v2
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in force 2019-12-25 MODIFIED§
Amended by Regulation (EU) 2019/2033 32019R2033
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`.
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in force 2019-06-27 MODIFIED§
Amended by Regulation (EU) 2019/876 32019R0876
applies from: unchanged
Sources disagree — the text comparison found this change; the EU's own amendment metadata does not list it and the amending act's instructions do not mention it. All are shown; none is overruled.
Comparing the two texts of Article 162 point (a) in paragraph 2, the wording and formula for calculating M for an instrument subject to a cash flow schedule are identical apart from a minor spacing difference in how the formula is rendered.
No other wording in the provision differs between the two versions shown.
Cited: Art. 162, v1 · Art. 162, v2
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in force 2015-01-18 MODIFIED§
Amended by Regulation (EU) 2015/62 32015R0062 · Regulation (EU) 2018/405 32018R0405
applies from: unchanged
Sources disagree — the text comparison found this change; the EU's own amendment metadata does not list it. Both are shown; neither is overruled.
The mathematical formulas in point (a) and point (g) are rendered with different formatting and spacing between the earlier and later versions, without any wording change to the surrounding text.
Aside from these formatting differences in the formulas, the substantive text of Article 162, including its numbering, headings and other points, remains the same in both versions.
Cited: Art. 162, v1 · Art. 162, v2
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detected 2026-08-13 MODIFIED§
no amending act named
applies from: unchanged
The wording of several sub-points has been lightly rephrased without altering their substance, such as changing "a maturity value (M) of ... and to all other exposures an M of" to "and to all other exposures M of", and "calculated according to" or "greater than one year according to" to "calculated in accordance with".
Point (e) now reads "provided that the facility contains" instead of "provided the facility contains", and point (f) now reads "for any instrument other than those referred to in this paragraph" and "at least one year" instead of "for any other instrument than those mentioned in this paragraph" and "at least 1 year", and point (b) of the qualifying short-term exposures list now says "trade finance transactions" instead of "trade financing transactions".
Cited: Art. 162, v1 · Art. 162, v2
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