505012015002
EE
EE
Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution
3 Articles / Provisions · Estonia
Statutory Text (3 Articles)
Eesti Panga President — Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution — RT V, 2015, 2
§ 1 Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution
Open official source
This decree establishes the systemic risk buffer rate to credit institutions operating in Estonia, which amounts to 2.0 per cent of the total exposure calculated in accordance with Article 92(3) of the Regulation (EU) No 575/2013 of the European Parliament and of the Council.
Eesti Panga President — Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution — RT V, 2015, 2
§ 2 Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution
Open official source
The requirement for the systemic risk buffer rate must be fulfilled by every credit institution on a non-consolidated basis and by the parent undertaking of the consolidation group of a credit institution on a consolidated basis.
Eesti Panga President — Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution — RT V, 2015, 2
§ 3 Establishment of the requirement for the systemic risk buffer to a credit institution and the consolidation group of a credit institution
Open official source
This decree will enter into force on 1 August 2014.