Article 22 Article 481(1) and (5) of Regulation (EU) No 575/2013: Additional filters and deductions

1. Overview

Summary	Regulation
Article 22 1.	During the period from 1 January 2016 to 31 December 2017, for the purpose of applying filters or deductions required under national transposition measures and referred to in Article 481(1) of Regulation (EU) No 575/2013 and provided that the conditions thereof are met, the applicable percentages shall be: (a) 40 % during the period from 1 January 2016 to 31 December 2016; and (b) 20 % during the period from 1 January 2017 to 31 December 2017.
Article 22 2.	During the period from 1 January 2016 to 31 December 2017, credit institutions shall apply the treatment provided for by national law to the amount remaining after the filter or deduction has been applied in accordance with paragraph 1.
Article 22 3.	This Article is without prejudice to national law in force prior to the entry into force of this Regulation where such law sets stricter requirements than those specified in paragraph 1.

Requirements
Source	Requirement

Standards
Source	Requirement