in force 2025-01-01 INSERTED+2,068 −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)
Article 495a is a newly inserted provision setting out transitional risk-weight arrangements for equity exposures, providing derogations from the treatments in Article 133(3) and 133(4) through a phased schedule of risk weights running from 2025 to 2029.
It also sets out a separate derogation from Article 133 allowing continued use of the risk weight applicable on 8 July 2024 for equity exposures to certain long-held entities over which significant influence or control is exercised, as described in paragraph 3.
Cited: Art. 495a, v2
text before / after
inserted text (02013R0575-20250101)
Article 495a Transitional arrangements for equity exposures 1. By way of derogation from the treatment laid down in Article 133(3), equity exposures shall be assigned the higher of the risk weight applicable on 8 July 2024, capped at 250 %, and the following risk-weights: (a) 100 % during the period from 1 January 2025 to 31 December 2025; (b) 130 % during the period from 1 January 2026 to 31 December 2026; (c) 160 % during the period from 1 January 2027 to 31 December 2027; (d) 190 % during the period from 1 January 2028 to 31 December 2028; (e) 220 % during the period from 1 January 2029 to 31 December 2029. 2. By way of derogation from the treatment laid down in Article 133(4), equity exposures shall be assigned the higher of the risk weight applicable on 8 July 2024 and the following risk weights: (a) 100 % during the period from 1 January 2025 to 31 December 2025; (b) 160 % during the period from 1 January 2026 to 31 December 2026; (c) 220 % during the period from 1 January 2027 to 31 December 2027; (d) 280 % during the period from 1 January 2028 to 31 December 2028; (e) 340 % during the period from 1 January 2029 to 31 December 2029. 3. By way of derogation from Article 133, institutions may continue to assign the same risk weight that was applicable on 8 July 2024 to equity exposures, including the part of the exposures not deducted from the own funds in accordance with Article 471 in the version of that Article applicable on 27 October 2021, to entities in which they have been a shareholder on 27 October 2021 for six consecutive years and over which they, or together with the network the institutions belong to, exercise significant influence or control within the meaning of Directive 2013/34/EU, or of the accounting standards to which an institution is subject under Regulation (EC) No 1606/2002, or as a result of a similar relationship between any natural or legal person or network of institutions and an undertaking, or where an institution has the capacity to appoint at least one member of the management body of the entity.