SRB to monitor regulatory changes
SRB approach to CRR discretion on leverage and MREL calibrationThe SRB will monitor regulatory changes related to competent authorities’ discretion to temporarily exclude certain exposures to central banks from the calculation of an institution’s total exposure measure (i.e. leverage amount), as granted by the Regulation (EU) 575/2013 (“CRR”). In September 2020 the ECB used this temporary measure to…