August 01, 2017

EBA published an updated list of public sector entities (PSEs) that may be treated as regional governments, local authorities, or central governments for the calculation of capital requirements, in accordance with the EU Capital Requirements Regulation (CRR). The PSEs that have been included in the list are Államadósság Kezelő Központ Zrt./Government Debt Management Agency Pte. Ltd. (Hungary), Befektető Védelmi Alap/Investor Protection Fund (Hungary), and Országos Betétbiztosítási Alap/National Deposit Insurance Fund (Hungary).

The list includes the PSEs that are treated as regional governments, local authorities, or central governments under the standardized approach due to their reduced risk level. As a result of this treatment, exposures to the PSEs included in the list will qualify for the same risk-weight as their respective regional government, local authority, or central government. The list is compiled using the information provided by the competent authorities and is based on the classification used in each individual country. Thus, the approaches and eligibility criteria for PSEs can differ from country to country in many cases.


Related Link: List of PSEs (XLSX)

Keywords: Europe, Banking, CRR, PSE, Capital Requirements, EBA

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