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CRR

Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms (Capital Requirements Regulation)
32013R0575 · official text on EUR-Lex

Articles

• Article 1 — Scope
• Article 2 — Supervisory powers
• Article 3 — Application of stricter requirements by institutions
• Article 4 — Definitions
• Article 5 — Definitions specific to capital requirements for credit risk
• Article 6 — General principles
• Article 7 — Derogation to the application of prudential requirements on an individual basis
• Article 8 — Derogation to the application of liquidity requirements on an individual basis
• Article 9 — Individual consolidation method
• Article 10 — Waiver for credit institutions permanently affiliated to a central body

Section 1 Application of requirements on a consolidated basis

• Article 11 — General treatment
• Article 12 — Financial holding company or mixed financial holding company with both a subsidiary credit institution and a subsidiary investment firm
• Article 13 — Application of disclosure requirements on a consolidated basis
• Article 14 — Application of requirements of Part Five on a consolidated basis
• Article 15 — Derogation to the application of own funds requirements on a consolidated basis for groups of investment firms
• Article 16 — Derogation to the application of the leverage ratio requirements on a consolidated basis for groups of investment firms
• Article 17 — Supervision of investment firms waived from the application of own funds requirements on a consolidated basis

Section 2 Methods for prudential consolidation

• Article 18 — Methods for prudential consolidation

Section 3 Scope of prudential consolidation

• Article 19 — Entities excluded from the scope of prudential consolidation
• Article 20 — Joint decisions on prudential requirements
• Article 21 — Joint decisions on the level of application of liquidity requirements
• Article 22 — Sub-consolidation in cases of entities in third countries
• Article 23 — Undertakings in third countries
• Article 24 — Valuation of assets and off-balance sheet items
• Article 25 — Tier 1 capital

Section 1 Common equity tier 1 items and instruments

• Article 26 — Common Equity Tier 1 items
• Article 27 — Capital instruments of mutuals, cooperative societies, savings institutions or similar institutions in Common Equity Tier 1 items
• Article 28 — Common Equity Tier 1 instruments
• Article 29 — Capital instruments issued by mutuals, cooperative societies, savings institutions and similar institutions
• Article 30 — Consequences of the conditions for Common Equity Tier 1 instruments ceasing to be met
• Article 31 — Capital instruments subscribed by public authorities in emergency situations

Section 2 Prudential filters

• Article 32 — Securitised assets
• Article 33 — Cash flow hedges and changes in the value of own liabilities
• Article 34 — Additional value adjustments
• Article 35 — Unrealised gains and losses measured at fair value

Section 3 Deductions from common equity tier 1 items, exemptions and alternatives

• Article 36 — Deductions from Common Equity Tier 1 items
• Article 37 — Deduction of intangible assets
• Article 38 — Deduction of deferred tax assets that rely on future profitability
• Article 39 — Tax overpayments, tax loss carry backs and deferred tax assets that do not rely on future profitability
• Article 40 — Deduction of negative amounts resulting from the calculation of expected loss amounts
• Article 41 — Deduction of defined benefit pension fund assets
• Article 42 — Deduction of holdings of own Common Equity Tier 1 instruments
• Article 43 — Significant investment in a financial sector entity
• Article 44 — Deduction of holdings of Common Equity Tier 1 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own funds
• Article 45 — Deduction of holdings of Common Equity Tier 1 instruments of financial sector entities
• Article 46 — Deduction of holdings of Common Equity Tier 1 instruments where an institution does not have a significant investment in a financial sector entity
• Article 47 — Deduction of holdings of Common Equity Tier 1 instruments where an institution has a significant investment in a financial sector entity
• Article 48 — Threshold exemptions from deduction from Common Equity Tier 1 items
• Article 49 — Requirement for deduction where consolidation, supplementary supervision or institutional protection schemes are applied

Section 4 Common equity tier 1 capital

• Article 50 — Common Equity Tier 1 capital

Section 1 Additional tier 1 items and instruments

• Article 51 — Additional Tier 1 items
• Article 52 — Additional Tier 1 instruments
• Article 53 — Restrictions on the cancellation of distributions on Additional Tier 1 instruments and features that could hinder the recapitalisation of the institution
• Article 54 — Write down or conversion of Additional Tier 1 instruments
• Article 55 — Consequences of the conditions for Additional Tier 1 instruments ceasing to be met

Section 2 Deductions from additional tier 1 items

• Article 56 — Deductions from Additional Tier 1 items
• Article 57 — Deductions of holdings of own Additional Tier 1 instruments
• Article 58 — Deduction of holdings of Additional Tier 1 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own funds
• Article 59 — Deduction of holdings of Additional Tier 1 instruments of financial sector entities
• Article 60 — Deduction of holdings of Additional Tier 1 instruments where an institution does not have a significant investment in a financial sector entity

Section 3 Additional Tier 1 capital

• Article 61 — Additional Tier 1 capital

Section 1 Tier 2 items and instruments

• Article 62 — Tier 2 items
• Article 63 — Tier 2 instruments
• Article 64 — Amortisation of Tier 2 instruments
• Article 65 — Consequences of the conditions for Tier 2 instruments ceasing to be met

Section 2 Deductions from tier 2 items

• Article 66 — Deductions from Tier 2 items
• Article 67 — Deductions of holdings of own Tier 2 instruments
• Article 68 — Deduction of holdings of Tier 2 instruments of financial sector entities and where an institution has a reciprocal cross holding designed artificially to inflate own funds
• Article 69 — Deduction of holdings of Tier 2 instruments of financial sector entities
• Article 70 — Deduction of Tier 2 instruments where an institution does not have a significant investment in a relevant entity

Section 3 Tier 2 capital

• Article 71 — Tier 2 capital
• Article 72 — Own funds
• Article 73 — Distributions on own funds instruments
• Article 74 — Holdings of capital instruments issued by regulated financial sector entities that do not qualify as regulatory capital
• Article 75 — Deduction and maturity requirements for short positions
• Article 76 — Index holdings of capital instruments