Article summary
The European Banking Authority (EBA) has published a report on the use of some of the exemptions included in the large exposures regime under EU CRR. The report analyses banks’ use of the various exemptions from different perspectives and quantifies the impact of a potential removal of individual exemptions. The report shows that, overall, some of the assessed exemptions are widely used across the EU and their removal would have a material impact while other exemptions are widely used across the EU but their removal would not have material impact. In addition, some exemptions are relevant only for some countries or appear to be rarely used.
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