Article 438

Path:
Capital Requirements Regulation (CRR) > PART EIGHT > TITLE II > Article 438
Title:
Article 438
Description: 
Capital requirements
Main content: 

Institutions shall disclose the following information regarding the compliance by the institution with the requirements laid down in Article 92 of this Regulation and in Article 73 of Directive 2013/36/EU:

(a) a summary of the institution's approach to assessing the adequacy of its internal capital to support current and future activities;

(b) upon demand from the relevant competent authority, the result of the institution's internal capital adequacy assessment process including the composition of the additional own funds requirements based on the supervisory review process as referred to in point (a) of Article 104(1) of Directive 2013/36/EU;

(c) for institutions calculating the risk-weighted exposure amounts in accordance with Chapter 2 of Part Three, Title II, 8 % of the risk-weighted exposure amounts for each of the exposure classes specified in Article 112;

(d) for institutions calculating risk-weighted exposure amounts in accordance with Chapter 3 of Part Three, Title II, 8 % of the risk-weighted exposure amounts for each of the exposure classes specified in Article 147. For the retail exposure class, this requirement applies to each of the categories of exposures to which the different correlations in Article 154(1) to (4) correspond. For the equity exposure class, this requirement applies to:

(i) each of the approaches provided in Article 155;

(ii) exchange traded exposures, private equity exposures in sufficiently diversified portfolios, and other exposures;

(iii) exposures subject to supervisory transition regarding own funds requirements;

(iv) exposures subject to grandfathering provisions regarding own funds requirements;

(e) own funds requirements calculated in accordance with points (b) and (c) of Article 92(3);

(f) own funds requirements calculated in accordance with Part Three, Title III, Chapters 2, 3 and 4 and disclosed separately.

The institutions calculating the risk-weighted exposure amounts in accordance with Article 153(5) or Article 155(2) shall disclose the exposures assigned to each category in Table 1 of Article 153(5), or to each risk weight mentioned in Article 155(2).