emendrix

Art. 511

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

4 changes recorded across 4 events, newest first.

in force 2023-06-28 MODIFIED±0

Amended by Regulation (EU) 2019/876 32019R0876

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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`.

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in force 2019-06-27 MODIFIED

Amended by Regulation (EU) 2019/876 32019R0876

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: 2020-12-31 · dates removed: 2014-01-01, 2016-06-30, 2016-10-31, 2016-12-31

The provision is reduced from four paragraphs covering EBA reporting deadlines, calculation methodology, and a wide list of leverage-ratio review criteria to two paragraphs, and the Commission's reporting deadline changes from 31 December 2016 to 31 December 2020.

The new text confines the Commission's report to whether a leverage ratio surcharge for O-SIIs should be introduced and whether the definition and calculation of the total exposure measure, including treatment of central bank reserves, is appropriate, removing the earlier detailed lists of business-model, disclosure, and calibration factors and the EBA reporting obligation entirely.

The remaining paragraph now requires the Commission to take into account international developments and internationally agreed standards, and, where appropriate, to accompany the report with a legislative proposal, replacing the prior provisions on levels of the leverage ratio, calibration, and connected flexibility measures.

Cited: Art. 511, v1 · Art. 511, v2

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detected 2026-08-13 MODIFIED

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applies from: unchanged

Point (a) now describes the goal as eliminating the risk of excessive leverage rather than suppressing it, and adds a reference to Articles 87 and 98 of Directive 2013/36/EU being 'by' rather than simply 'and' those articles.

Points (d), (i), (j) and (k) are reworded with minor phrasing changes, such as rearranging the wording on whether and which changes are needed, replacing 'indentified' with 'identified', 'defined' with 'established', and 'transition period' language, without altering their subject matter.

Point (l) replaces 'according to' with 'in accordance with' and 'transition period' with 'transitional period', and point (a)(iii) of paragraph 4 adds the definite article before 'business models' and 'balance-sheet structures', with no other substantive change.

Cited: Art. 511, v1 · Art. 511, v2

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