Question ID
2023_6680
Legal act
Regulation (EU) No 575/2013 (CRR)
Topic
Credit risk
Article
117
Paragraph
1 and 2
COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
Not applicable
Article/Paragraph
n.a.
Type of submitter
Other
Subject matter
Exposure to multilateral development banks
Question

What are the criteria to be assigned a 0% risk weight by the EU under this regulation? 

What is the process to apply to be assigned a 0% risk weight?

Background on the question

The International Fund for Agricultural Development (IFAD) is a Multilateral and Supranational Institution rated AA+ by S&P and Fitch.

In 2022 IFAD started issuing and has two bonds listed in the EuroMTF Market of the LuxSE.

IFAD would like to understand the process and criteria to be assigned a 0% risk weight like its peers. 

Submission date
Rejected publishing date
Rationale for rejection

This question has been rejected because the issue it raises is beyond the remit of the Q&A process and as such it cannot be addressed via a Q&A. 

The Single Rule Book Q&A tool has been established to provide explanations and non-binding interpretations on questions relating to the practical application or implementation of the provisions of legislative acts referred to in Article 1(2) of the EBA’s founding Regulation, as well as associated delegated and implementing acts, and guidelines and recommendations, adopted under these legislative acts. The Q&A process cannot, for example, consider issues which would require changes to the regulatory framework.

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Status
Rejected question