emendrix

Art. 451

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

Disclosure of the leverage ratio

3 changes recorded across 3 events, newest first.

in force 2025-01-01 MODIFIED+235 −7

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

applies from: unchanged

The list of items to be disclosed under paragraph 1 now includes a new point (f) requiring disclosure of the amount of additional own funds requirements imposed under the supervisory review process referred to in Article 104(1)(a) of Directive 2013/36/EU to address the risk of excessive leverage, together with its composition.

Point (e), which describes factors affecting the leverage ratio during the reporting period, is unchanged in substance and is followed directly by the new point (f) in the amended text.

Cited: Art. 451, v2 · Art. 451, v1

text before / after

02013R0575-2024070902013R0575-20250101

Article 451 Disclosure of the leverage ratio 1. Institutions that are subject to Part Seven shall disclose the following information regarding their leverage ratio as calculated in accordance with Article 429 and their management of the risk of excessive leverage: (a) the leverage ratio and how the institutions apply Article 499(2); (b) a breakdown of the total exposure measure referred to in Article 429(4), as well as a reconciliation of the total exposure measure with the relevant information disclosed in published financial statements; (c) where applicable, the amount of exposures calculated in accordance with Articles 429(8) and 429a(1) and the adjusted leverage ratio calculated in accordance with Article 429a(7); (d) a description of the processes used to manage the risk of excessive leverage; (e) a description of the factors that had an impact on the leverage ratio during the period to which the disclosed leverage ratio refers. refers; (f) the amount of the additional own funds requirements based on the supervisory review process as referred to in Article 104(1), point (a), of Directive 2013/36/EU to address the risk of excessive leverage and its composition. 2. Public development credit institutions as defined in Article 429a(2) shall disclose the leverage ratio without the adjustment to the total exposure measure determined in accordance with point (d) of the first subparagraph of Article 429a(1). 3. In addition to points (a) and (b) of paragraph 1 of this Article, large institutions shall disclose the leverage ratio and the breakdown of the total exposure measure referred to in Article 429(4) based on averages calculated in accordance with the implementing act referred to in Article 430(7).

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 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: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)

dates removed: 2014-06-30

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 heading changed from 'Leverage' to 'Disclosure of the leverage ratio', and paragraph 1 now limits the disclosure obligation to institutions subject to Part Seven, while point (a) refers only to Article 499(2) rather than Article 499(2) and (3).

Point (b) now cross-references Article 429(4) for the total exposure measure, and point (c) replaces the reference to derecognised fiduciary items under Article 429(11) with a reference to exposures calculated under Articles 429(8) and 429a(1) and the adjusted leverage ratio under Article 429a(7).

The former paragraph 2, which set out EBA's mandate to develop implementing technical standards with a submission deadline of 30 June 2014, is replaced by a new paragraph 2 on public development credit institutions disclosing the leverage ratio without a total exposure measure adjustment, and a new paragraph 3 requiring large institutions to disclose leverage ratio figures based on averages calculated under the implementing act referred to in Article 430(7).

Cited: Art. 451, v1 · Art. 451, v2

text before / after, on the event page →