- Question ID
-
2013_30
- Legal act
- Regulation (EU) No 575/2013 (CRR)
- Topic
- Own funds
- Article
-
486
- Paragraph
-
5
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Not applicable
- Article/Paragraph
-
N/A
- Type of submitter
-
Credit institution
- Subject matter
-
Grandfathering limit
- Question
-
Once applicable percentages in the range are specified by the local regulator, would it be applied: (1) at the beginning of the period; (2) at the end of the period or (3) on a straight-line basis throughout the 12 months period?
- Background on the question
-
Impact on capital planning for issuers
- Submission date
- Final publishing date
-
- Final answer
-
Competent authorities may choose to apply the applicable percentages they have chosen stepwise from the beginning of the period (the percentage chosen would be applicable during 12 months) or on a straight line basis throughout the 12 month period.
- Status
-
Final Q&A
- Answer prepared by
-
Answer prepared by the EBA.
- Note to Q&A
-
Update 26.03.2021: This Q&A has been reviewed in the light of the changes introduced to Regulation (EU) No 575/2013 (CRR) and continues to be relevant.