+PART NINE DELEGATED AND IMPLEMENTING ACTS
---+Article 456 Delegated acts
------+Article 456 1.
------+Article 456 2.
---+Article 457 Technical adjustments and corrections
---+Article 458 Macroprudential or systemic risk identified at the level of a Member State
------+Article 458 1.
------+Article 458 2.
------+Article 458 3.
------+Article 458 4.
------+Article 458 5.
------+Article 458 6.
------+Article 458 7.
------+Article 458 8.
------+Article 458 9.
------+Article 458 10.
---+Article 459 Prudential requirements
---+Article 460 Liquidity
------+Article 460 1.
------+Article 460 2.
------+Article 460 3.
---+Article 461 Review of the phasing-in of the liquidity coverage requirement
------+Article 461 1.
------+Article 461 2.
---+Article 461a Own funds requirements for market risk
------+Article 461a 1.
------+Article 461a 2.
------+Article 461a 3.
---+Article 462 Exercise of the delegation
------+Article 462 1.
------+Article 462 2.
------+Article 462 3.
------+Article 462 4.
------+Article 462 5.
------+Article 462 6.
---+Article 463 Objections to regulatory technical standards
---+Article 464 European Banking Committee
------+Article 464 1.
------+Article 464 2.

PART NINE DELEGATED AND IMPLEMENTING ACTS

PART NINE DELEGATED AND IMPLEMENTING ACTS

1. Overview

,
Article 456 Delegated acts
Article 457 Technical adjustments and corrections

Article 457

Technical adjustments and corrections

The Commission shall be empowered to adopt delegated acts in accordance with Article 462, to make technical adjustment and corrections of non-essential elements in the following provisions in order to take account of developments in new financial products or activities, to make adjustments taking into account developments after the adoption of this Regulation in other legislative acts of the Union on financial services and accounting including accounting standards based on Regulation (EC) No 1606/2002:

(a) 

the own funds requirements for credit risk laid down in Articles 111 to 134, and in Articles 143 to 191;

(b) 

the effects of credit risk mitigation in accordance with Articles 193 to 241;

▼M5

(c) 

the own funds requirements for securitisation laid down in Articles 242 to 270a;

▼C2

(d) 

the own funds requirements for counterparty credit risks in accordance with Articles 272 to 311;

(e) 

the own funds requirements for operational risk laid down in Articles 315 to 324;

(f) 

the own funds requirements for market risk laid down in Articles 325 to 377;

(g) 

the own funds requirements for settlement risk laid down in Articles 378 and 379;

(h) 

the own funds requirements for credit valuation adjustment risk laid down in Articles 383, 384 and 386;

▼M8

(i) 

Part Two and Article 430 only as a result of developments in accounting standards or requirements which take account of Union legislative acts.

▼C2

Article 458 Macroprudential or systemic risk identified at the level of a Member State
Article 459 Prudential requirements

Article 459

Prudential requirements

The Commission shall be empowered to adopt delegated acts in accordance with Article 462, to impose, for a period of one year, stricter prudential requirements for exposures where this is necessary to address changes in the intensity of microprudential and macroprudential risks which arise from market developments in the Union or outside the Union affecting all Member States, and where the instruments of this Regulation and Directive 2013/36/EU are not sufficient to address these risks, in particular upon the recommendation or opinion of the ESRB or EBA, concerning:

(a) 

the level of own funds laid down in Article 92;

(b) 

the requirements for large exposures laid down in Article 392 and Articles 395 to 403;

(c) 

the public disclosure requirements laid down in Articles 431 to 455.

The Commission, assisted by the ESRB shall, at least on an annual basis, submit to the European Parliament and the Council, a report on market developments potentially requiring the use of this Article.
Article 460 Liquidity
Article 461 Review of the phasing-in of the liquidity coverage requirement
Article 461a Own funds requirements for market risk
Article 462 Exercise of the delegation
Article 463 Objections to regulatory technical standards

Article 463

Objections to regulatory technical standards

Where the Commission adopts a regulatory technical standard pursuant to this Regulation which is the same as the draft regulatory technical standard submitted by EBA, the period during which the European Parliament and the Council may object to that regulatory technical standard shall be one month from the date of notification. At the initiative of the European Parliament or the Council that period shall be extended by one month. By way of derogation from the second subparagraph of Article 13(1) of Regulation (EU) No 1093/2010, the period during which the European Parliament or the Council may object to that regulatory technical standard may, where appropriate, be further extended by one month.
Article 464 European Banking Committee

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards