Art. 501
Capital Requirements Regulation · 32013R0575 · every event for this act · on EUR-Lex
Adjustment of risk-weighted non-defaulted SME exposures
7 changes recorded across 7 events, newest first.
in force 2025-01-01 MODIFIED+85 −340§
Amended by Regulation (EU) 2024/1623 32024R1623 · Regulation (EU) 2024/2987 32024R2987 · Regulation (EU) 2024/2795 32024R2795
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates removed: 2003-05-06
Point (a) of Article 501(2)(1) now excludes ADC exposures from the retail, corporates or secured-by-mortgages-on-immovable-property exposure classes to which SME exposures may be assigned, a carve-out absent from the earlier version.
Point (b) of Article 501(2)(1) no longer defines an SME by reference to Commission Recommendation 2003/361/EC and its turnover criterion, and instead points to the meaning given in Article 5, point (9).
Cited: Art. 501, v2 · Art. 501, v1
text before / after
02013R0575-20240709 → 02013R0575-20250101
Article 501
Adjustment of risk-weighted non-defaulted SME exposures
1. Institutions shall adjust the risk-weighted exposure amounts for non-defaulted exposures to an SME (RWEA), which are calculated in accordance with Chapter 2 or 3 of Title II of Part Three, as applicable, in accordance with the following formula:RWEA*RWEAminE*; EUR 25000000,7619maxE*EUR 2500000; 00,85E*
where:
RWEA*
the RWEA adjusted by an SME supporting factor; and
E* is either of the following:
(a) the total amount owed to the institution, its subsidiaries, its parent undertakings and other subsidiaries of those parent undertakings, including any exposure in default, but excluding claims or contingent claims secured on residential property collateral, by the SME or the group of connected clients of the SME;
(b) where the total amount referred to in point (a) is equal to 0, the amount of claims or contingent claims against the SME or the group of connected clients of the SME that are secured on residential property collateral and that are excluded from the calculation of the total amount referred to in that point.
2. For the purposes of this Article:
(a) the exposure to an SME shall be included either in the retail or in the corporates or secured by mortgages on immovable property classes; exposure classes but excluding ADC exposures;
(b) an SME is defined in accordance with Commission Recommendation 2003/361/ECCommission Recommendation 2003/361/EC of 6 May 2003 concerning shall have the definition of micro, small and medium-sized enterprises (OJ L 124, 20.5.2003, p. 36).; among the criteria listed meaning laid down in Article 2 of the Annex to that Recommendation only the annual turnover shall be taken into account; 5, point (9);
(c) institutions shall take reasonable steps to correctly determine E* and obtain the information required under point (b).
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 2022-04-10 MODIFIED§
Amended by Regulation (EU) 2019/876 32019R0876 · Regulation (EU) 2021/558 32021R0558
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 only visible difference in Article 501(2)(1)(b) is the removal of a duplicated punctuation mark following the citation of Commission Recommendation 2003/361/EC, where the earlier text had a doubled period and semicolon sequence that is reduced to a single semicolon in the later text.
Cited: Art. 501, v1 · Art. 501, v2
text before / after, on the event page →
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.
The definition of E* is restructured from a single description into two lettered points, with point (a) restating the previously existing wording about the total amount owed to the institution and related entities, excluding claims secured on residential property collateral.
A new point (b) is added stating that where the amount in point (a) equals 0, E* instead becomes the amount of claims or contingent claims against the SME or its group of connected clients that are secured on residential property collateral and excluded from the point (a) calculation.
Cited: Art. 501, v1 · Art. 501, v2
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
Sources disagree — the EU's own amendment metadata found this change; the text comparison finds no difference in the provision's text. Both are shown; neither 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 2020-06-27 MODIFIED§
Amended by 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: 2016-06-28
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.
The article's heading changed from referring to a capital requirements deduction for credit risk on SME exposures to referring to an adjustment of risk-weighted non-defaulted SME exposures.
Paragraph 1 changed from a flat multiplication of SME credit risk capital requirements by a fixed factor to a formula adjusting risk-weighted exposure amounts for non-defaulted SME exposures, introducing defined terms RWEA* and E* and thresholds expressed in euro amounts.
The list of definitional points in paragraph 2 was altered, removing the earlier separate provisions on excluding exposures in default and on the EUR 1.5 million exposure ceiling and reporting requirement, and on the Commission and EBA reporting obligations that had appeared in paragraphs 3 through 5, replacing them with a single point on institutions taking reasonable steps to determine E* and obtain required information.
Cited: Art. 501, v1 · Art. 501, v2
text before / after, on the event page →
detected 2026-08-13 MODIFIED§
no amending act named
applies from: unknown (the text changed beyond its dates, so no date that moved can be read as the application date)
dates added to the text: 2016-06-28 · dates removed: 2017-01-02
The deadline by which the Commission must report on the impact of own funds requirements on lending to SMEs and natural persons was changed from 2 January 2017 to 28 June 2016.
Paragraph 2(1)(c) now refers to acquiring 'such knowledge' rather than 'this knowledge', and paragraph 5's introductory wording changed from EBA reporting 'the following' to EBA reporting 'on the following', with points (a) and (b) now beginning with 'an analysis' instead of 'analysis'.
Cited: Art. 501, v1 · Art. 501, v2
text before / after, on the event page →