Summary
The European Parliament has decided not to object to a new regulation that ensures the method for calculating derivative-related liabilities in resolution funds remains consistent and unchanged. 9 15.03.2023
Other
finance
public finance and budget policy
financial institutions and credit
Key points
- The regulation clarifies how liabilities arising from derivatives are calculated for resolution funds.
- It ensures that the calculation method remains unchanged despite recent updates to general banking regulations.
- The amendment applies retroactively to October 1, 2022.
- The timing allows resolution authorities to begin raising contributions in the second quarter of 2023.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to the Commission delegated regulation of 20 January 2023 amending Delegated Regulation (EU) 2015/63 as regards the methodology for the calculation of liabilities arising from derivatives
Non-objection to a delegated act: methodology for the calculation of liabilities arising from derivatives
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