Commission Delegated Regulation (EU) 2016/1608 of 17 May 2016 amending Delegated Regulatio…
as it stood on 2016-05-17, permalink: /eu-eurlex/32016r1608/2016-05-17--9ea58d4b14c43d8dc312af233634baa5c5cd93856ac9d4ec067b14bff154f46c
Article 1
Delegated Regulation (EU) No 1222/2014 is amended as follows:
| (1) | in Article 5, paragraph 6 is replaced by the following:‘6. The decisions referred to in paragraphs 4 and 5 may be supported by ancillary data, which shall not be indicators of the probability that the relevant entity fails. Such decisions shall comprise well documented and verifiable quantitative and qualitative information.’; |
|---|
| (2) | Article 6 is replaced by the following:‘Article 6Indicators1. The category measuring the size of the group shall consist of one indicator equal to the total exposure of the group.2. The category measuring the interconnectedness of the group with the financial system shall consist of all of the following indicators:(a)intra-financial system assets;(b)intra-financial system liabilities;(c)securities outstanding.3. The category measuring the substitutability of the services or of the financial infrastructure provided by the group shall consist of all of the following indicators:(a)assets under custody;(b)payments activity;(c)underwritten transactions in debt and equity markets.4. The category measuring the complexity of the group shall consist of all of the following indicators:(a)notional amount of over-the-counter derivatives;(b)assets included in the level 3 of fair-value measured in accordance with Delegated Regulation (EU) No 1255/2012(1);(c)trading and available-for-sale securities.5. The category measuring the cross border activity of the group shall consist of the following indicators:(a)cross-jurisdictional claims;(b)cross-jurisdictional liabilities.6. For data reported in currencies other than the Euro, the relevant authority shall use an appropriate exchange rate taking into account the reference exchange rate published by the European Central Bank applicable on 31 December and international standards. For the payment activity indicator as referred to in paragraph 3(b), the relevant authority shall use the average exchanges rates for the relevant year.(1) Commission Regulation (EU) No 1255/2012 of 11 December 2012 amending Regulation (EC) No 1126/2008 adopting certain international accounting standards in accordance with Regulation (EC) No 1606/2002 of the European Parliament and of the Council as regards International Accounting Standard 12, International Financial Reporting Standards 1 and 13, and Interpretation 20 of the International Financial Reporting Interpretations Committee (OJ L 360, 29.12.2012, p. 78).’;" |
|---|---|
| (a) | intra-financial system assets; |
| (b) | intra-financial system liabilities; |
| (c) | securities outstanding. |
| (a) | assets under custody; |
| (b) | payments activity; |
| (c) | underwritten transactions in debt and equity markets. |
| (a) | notional amount of over-the-counter derivatives; |
| (b) | assets included in the level 3 of fair-value measured in accordance with Delegated Regulation (EU) No 1255/2012(*1); |
| (c) | trading and available-for-sale securities. |
| (a) | cross-jurisdictional claims; |
| (b) | cross-jurisdictional liabilities. |
| (3) | the last sentence of Article 7 is deleted; |
|---|
| (4) | the Annex is deleted. |
|---|
Article 2
This Regulation shall enter into force on the day following that of its publication in the Official Journal of the European Union.
Provenance and validity dates, identifier, hash
| as of | 2016-05-17 → this publisher state was selected |
| publisher state | publisher version 2016-05-17 → latest held publisher-asserted |
| type | REG_DEL Commission Delegated Regulation (EU) 2016/1608 of 17 May 2016 amending Delegated Regulation (EU) No 1222/2014 with regard to regulatory technical standards for the specification of the methodology for the identification of global systemically important institutions and for the definition of subcategories of global systemically important institutions (Text with EEA relevance) |
| language | en |
| published | 2016-05-17 |
| lex_id | eu-eurlex:32016r1608:2016-05-17--9ea58d4b14c43d8dc312af233634baa5c5cd93856ac9d4ec067b14bff154f46c |
| record sha256 | 7a1e51a5f964b9082464d6dbf31cefc709ce73a846af4df55914a9cd27ddc398 |
New here? What am I looking at?
This is an official consolidated text: the original act with later amendments merged by EUR-Lex for the date shown above.
The consolidation date is not an entry-into-force or application date. It identifies a publisher wording state. The authentic legal acts remain those published in the Official Journal; Lex preserves the consolidated wording, source and hashes as a reading and comparison aid.
Each displayed provision carries its own hash so you can verify that Lex served the indexed text unchanged, here is how.
| tier | A, publisher-supplied consolidated wording-state dates |
| history begins | publisher |
| index built | 2026-08-15T09:01:06Z · corpus e9c4df0981c855855a1a28218cf086ddeb5bb691 |
| stamp signature | valid (ECDSA-P256) |