+Section II Setting and calculating countercyclical capital buffers
---+Article 135 ESRB guidance on setting countercyclical buffer rates
------+Article 135 1.
------+Article 135 2.
------+Article 135 3.
---+Article 136 Setting countercyclical buffer rates
------+Article 136 1.
------+Article 136 2.
------+Article 136 3.
------+Article 136 4.
------+Article 136 5.
------+Article 136 6.
------+Article 136 7.
---+Article 137 Recognition of countercyclical buffer rates in excess of 2,5 %
------+Article 137 1.
------+Article 137 2.
---+Article 138 ESRB recommendation on third country countercyclical buffer rates
---+Article 139 Decision by designated authorities on third country countercyclical buffer rates
------+Article 139 1.
------+Article 139 2.
------+Article 139 3.
------+Article 139 4.
------+Article 139 5.
---+Article 140 Calculation of institution-specific countercyclical capital buffer rates
------+Article 140 1.
------+Article 140 2.
------+Article 140 3.
------+Article 140 4.
------+Article 140 5.
------+Article 140 6.
------+Article 140 7.

Section II Setting and calculating countercyclical capital buffers

Section II Setting and calculating countercyclical capital buffers

1. Overview

,
Article 135 ESRB guidance on setting countercyclical buffer rates
Article 136 Setting countercyclical buffer rates
Article 137 Recognition of countercyclical buffer rates in excess of 2,5 %
Article 138 ESRB recommendation on third country countercyclical buffer rates

Article 138

ESRB recommendation on third country countercyclical buffer rates

The ESRB may, in accordance with Article 16 of Regulation (EU) No 1092/2010, issue a recommendation to designated authorities on the appropriate countercyclical buffer rate for exposures to that third country where:

(a) 

a countercyclical buffer rate has not been set and published by the relevant third-country authority for a third country ('relevant third-country authority') to which one or more Union institutions have credit exposures;

(b) 

the ESRB considers that a countercyclical buffer rate which has been set and published by the relevant third-country authority for a third country is not sufficient to protect Union institutions appropriately from the risks of excessive credit growth in that country, or a designated authority notifies the ESRB that it considers that buffer rate to be insufficient for that purpose.
Article 139 Decision by designated authorities on third country countercyclical buffer rates
Article 140 Calculation of institution-specific countercyclical capital buffer rates

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • Builddate: 11.07.2026 00:00:00 -Doknr: CELEX:32013L0036
  • EULAW -

    EN: Legal acts of the European Union from EUR-Lex, https://eur-lex.europa.eu/. © European Union. Re-use is authorised by Decision 2011/833/EU, provided the source is acknowledged; the consolidated texts are licensed under CC BY 4.0 (EUR-Lex legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the legislation published in the Official Journal of the European Union is deemed authentic.

    DE: Rechtsakte der Europäischen Union aus EUR-Lex, https://eur-lex.europa.eu/. © Europäische Union. Weiterverwendung nach Beschluss 2011/833/EU mit Quellenangabe gestattet; die konsolidierten Fassungen stehen unter CC BY 4.0 (Rechtlicher Hinweis von EUR-Lex). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Verbindlich sind allein die im Amtsblatt der Europäischen Union veröffentlichten Rechtsakte.