Question ID:
2019_4720
Legal Act:
Regulation (EU) No 575/2013 (CRR)
Topic:
Large exposures
Article:
7
Paragraph:
3
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations:
Not applicable
Article/Paragraph:
Not applicable
Disclose name of institution / entity:
No
Type of submitter:
Competent authority
Subject Matter:
Partial Waiver of Article 6(1) CRR according to Article 7(3) CRR
Question:

Can a bank apply for a partial waiver of Article 6(1)  CRR as described in Article 7(3)?

Background on the question:

The case of the institution is that it was only seeking to waive compliance with part 4 of the CRR. Can such a 'partial waiver' be issued?

Date of submission:
15/05/2019
Published as Rejected Q&A
11/02/2022
Rationale for rejection:

Please note that as part of adjustments to the Single Rulebook Q&A process, agreed by the EBA and the European Commission, it has been decided to reject outstanding questions submitted before 1 January 2020, when the Q&A process was updated as part of the last ESAs Review. In particular, the question that you have submitted has now regrettably been rejected and will not be addressed.

If you believe your question would still benefit from clarification, you are invited to resubmit your question, adapting it to reflect any legislative, regulatory or other relevant developments that may have occurred since the initial date of submission. The EBA will aim to address resubmitted questions as a matter of priority. When considering to resubmit, you are kindly requested to observe the updated admissibility criteria agreed in the context of the adjustment of the Q&A process, available in the Additional background and guidance for asking questions. We hope for your understanding.

For further information please refer to the press release and the updated Q&A page.

Status:
Rejected question
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