EBA published an updated list of public-sector entities 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 update includes the change of the list of public-sector entities in Slovakia from "exhaustive" to "non-exhaustive."
The list includes the public-sector entities 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 public-sector entities 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 country. The approaches and eligibility criteria for public-sector entities can, therefore, differ from country to country in many cases. EBA compiles the list to supplement the requirements set out in Article 116 of the CRR, which specify the treatment of exposures to public-sector entities across the EU, using the standardized approach.
Related Link: List of Public-Sector Entities (XLSX)
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