Article 506

Path:
Capital Requirements Regulation (CRR) > PART TEN > TITLE II > Article 506
Title:
Article 506
Description: 
Credit risk — definition of default
Main content: 

EBA shall, by 31 December 2017, report to the Commission on how replacing 90 days by 180 days past due, as provided in point (b) of Article 178(1), impacts risk-weighted exposure amounts and the appropriateness of the continued application of that provision after 31 December 2019.

On the basis of that report, the Commission may submit a legislative proposal to amend this Regulation.