21. The factor contemplated in point (b) of Article 248(1) of Regulation (EU) No 575/2013 (the …

The factor contemplated in point (b) of Article 248(1) of Regulation (EU) No 575/2013 (the institution’s capital and liquidity position before and after repurchase) should be considered as also being relevant in the case of transactions other than a repurchase. The conditions for significant risk transfer should be considered as no longer being satisfied if, as a result of the transaction, the reduction in risk-weighted exposure amounts the originator institution initially achieved is no longer justified by a commensurate transfer of credit risk to third parties, which should be the case if the originator institution’s capital or liquidity position is materially and adversely affected, directly or indirectly, by the transaction. In making such assessment, among other things, the accounting entries that the participants to the transaction made with respect to the transaction and the changes in their liquidity position should be considered.

1. Forbhreathnú

1.1 Tagairtí

• Airteagal 248 1.

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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