CRR Art. 383e: every consolidated version and what changed

in force 2025-01-01 INSERTED+471 −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)

This is a newly inserted article defining counterparty credit spread risk factors, specifying that the delta risk factors for counterparty credit spread sensitive instruments in the CVA portfolio are the credit spreads of individual counterparties, reference names and qualified indices for maturities of 0.5, 1, 3, 5 and 10 years.

It also states that the counterparty credit spread risk class is not subject to vega risk own funds requirements.

Cited: Art. 383e, v2

text before / after

inserted text (02013R0575-20250101)

Article 383e
Counterparty credit spread risk factors
1. The counterparty credit spread delta risk factors applicable to counterparty credit spread sensitive instruments in the CVA portfolio shall be the credit spreads of individual counterparties and reference names and qualified indices for the following maturities: 0,5 years, 1 year, 3 years, 5 years and 10 years.
2. The counterparty credit spread risk class shall not be subject to vega risk own funds requirements.

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 →