The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer (505102023005) | EE

Eesti Panga President — The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer — RT V, 2023, 5

§ 1 The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer Open official source

Other systemically important institutions operating in Estonia in the meaning of section 8648 of the Credit Institutions Act are

1) Swedbank AS

2) AS SEB Pank

3) AS LHV Pank

4) Luminor Bank AS

Eesti Panga President — The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer — RT V, 2023, 5

§ 2 The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer Open official source

The credit institutions named in Point 1 must hold systemically important institution buffers at the following rates

1) Swedbank AS: 2%

2) AS SEB Pank: 2%

3) AS LHV Pank: 2%

4) Luminor Bank AS: 2%

Eesti Panga President — The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer — RT V, 2023, 5

§ 3 The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer Open official source

The other systemically important institution buffer requirement is applied to the total risk exposure as calculated under Article 92 Section 3 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.06.2013, p 1-337).

Eesti Panga President — The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer — RT V, 2023, 5

§ 4 The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer Open official source

The other systemically important institution buffer must be met individually and at a consolidated level. If the credit institution is part of a consolidation group, the requirement that is to be fulfilled on a consolidated basis must be fulfilled at the highest consolidation level in Estonia of that consolidation group.

Eesti Panga President — The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer — RT V, 2023, 5

§ 5 The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer Open official source

[Omitted from this text].

Eesti Panga President — The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer — RT V, 2023, 5

§ 6 The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer Open official source

This decree enters into force on 1 August 2016.

The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer

Table of Provisions (6)

Statutory Text (6 Articles)

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