Adjustments to the CRR in response to the Covid-19 pandemic (CRR Quick Fix)

Topic area:
Status: 03.07.2020 |
Archived
Key words:
Covid, Leverage Ratio, Amendment
Initiative
Official name
REGULATION (EU) 2020/873 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 24 June 2020 amending Regulations (EU) No 575/2013 and (EU) 2019/876 as regards certain adjustments in response to the COVID-19 pandemic
Type
Regulation
Level 1
Initiator
EU
Submitted
28.04.2020
Doc. code
2020/873
Summary
Status
Status

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Current version
Final version
24.06.2020
Next step
Entry into force and application
Entry into force

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Application date

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Scope
Relevant for

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Associated initiatives
Level 1
CRR (binding, Main version, EU)
Revision of the CRR (CRR2) - General Part (binding, Amendment, EU)
Level 2
ITS on Supervisory reporting requirements related to CRR2 and Backstop Regulation (binding, Supplement, EU)
Level 3 / Other
ECB opinion on amendments to the Union prudential framework in response to the COVID-19 pandemic (non-binding, EU)
Amendment of disclosure under IFRS 9 transitional arrangements in compliance with the CRR quick fix (binding, EU)

Source: EU, 2020/873, 2020