+CHAPTER II CAPITAL REQUIREMENTS
---+Article 6 Article 327(2) of Regulation (EU) No 575/2013: Netting
------+Article 6 1.
------+Article 6 2.
---+Article 7 Article 380 of Regulation (EU) No 575/2013: Waiver
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CHAPTER II CAPITAL REQUIREMENTS
CHAPTER II CAPITAL REQUIREMENTS
1. Overview
| Summary |
Regulation |
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Article 6 Article 327(2) of Regulation (EU) No 575/2013: Netting
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Article 7 Article 380 of Regulation (EU) No 575/2013: Waiver
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Article 7
Article 380 of Regulation (EU) No 575/2013: Waiver
In the event of a system-wide failure within the meaning of Article 380 of Regulation (EU) No 575/2013 which the ECB confirms by issuing a public statement, until the ECB issues a public statement that the situation referred to therein is rectified, the following provisions shall apply:
(a)
credit institutions shall not be required to comply with the own funds requirements laid down in Articles 378 and 379 of Regulation (EU) No 575/2013; and
(b)
the failure of a counterparty to settle a trade shall not be deemed a default for purposes of credit risk.
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1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- Builddate: 17.08.2025 00:00:00 -Doknr: CELEX:32016R0445
- EULAW -
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