CRR3 - RTS on equivalent mechanism for unfinished property under the standardised approach of credit risk
Initiative
Official name
Consultation Paper - Draft Regulatory Technical Standards on equivalent mechanism for unfinished property under Article 124(12) of EU Regulation 575/2013
COMMISSION DELEGATED REGULATION (EU) …/… of XXX supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying what constitutes an equivalent legal mechanism ensuring that the property under construction is completed within a reasonable time frame
COMMISSION DELEGATED REGULATION (EU) …/… of XXX supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying what constitutes an equivalent legal mechanism ensuring that the property under construction is completed within a reasonable time frame
Type
Delegated Regulation
Level 2
Initiator
EBA
Submitted
13.05.2024
Doc. code
EBA/CP/2024/11
Summary
Status
Status
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Current version
Consultation paper
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)
The finalisation of BASEL III - CRR III (CRR3)
(binding, Amendment, EU)
Level 2
–
Level 3 / Other
–
Source: EBA, EBA/CP/2024/11, 2024