emendrix

Art. 411

Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex

5 changes recorded across 5 events, newest first.

in force 2023-06-28 MODIFIED±0

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

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in force 2021-09-30 MODIFIED

Amended by Regulation (EU) 2021/424 32021R0424

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.

In the definition of deposit broker, the exclusion originally covering deposits from financial institutions now covers deposits from financial customers instead.

Cited: Art. 411, v1 · Art. 411, v2

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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 definition of financial customer was broadened to explicitly include a financial customer belonging to a non-financial corporate group, and its list of qualifying entities was expanded with reinsurance undertakings, financial institutions, and pension scheme arrangements, while the SSPE and CIU entries were spelled out with their full names.

The retail deposit definition was reworded so that the SME itself, rather than the natural person or the SME, is the one assessed for qualifying under the retail exposure class, and the group-basis deposit cap now refers to that SME or company rather than to all such enterprises collectively.

A substantial number of new defined terms were added after retail deposit, covering matters such as personal investment company, deposit broker, unencumbered assets, overcollateralisation, asset coverage requirement, margin loans, derivative contracts, stress, level 1 and level 2 assets, liquidity buffer, net liquidity outflows, reporting currency, factoring, and committed credit or liquidity facility, none of which appeared in the earlier text shown.

Cited: Art. 411, v2 · Art. 411, v1

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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 →