Financial and capital market Commission, the provisions of regulations No 285 in 2013 on December 19 (financial and capital market Commission Council meeting Protocol No 6, p. 49)
The legislative provisions for European Parliament and Council Regulation (EU) no 575/2013 (26 June 2013) for the prudenciālaj requirements for credit institutions and investment firms, and amending Regulation (EC) No 648/2012 for the choice and the application of the transitional period, Issued pursuant to the financial and capital market Commission Act 7 of the first paragraph of article 1 and paragraph 2 of article 17 of the General questions 1. "the legislative provisions for European Parliament and Council Regulation (EU) no 575/2013 (26 June 2013) about the prudenciālaj requirements for credit institutions and investment firms, and amending Regulation (EC) No 648/2012 (hereinafter the EU Regulation No. 575/2013) for the choice and the application of the transitional period "(hereinafter-the rules) laid down in the EU Regulation No. 575/2013 for the choice and the application of the transitional period, the Republic of Latvia and the Republic of Latvia are binding on the registered credit institutions and investment firms bound by EU Regulation No 575/2013 (hereinafter referred to as the authority).
2. Equity 2. EU Regulation No 575/2013 for the purpose of application of article 465 authority from 01.01.2014. to provide such 31.12.2014. capital adequacy ratios are complied with: 2.1 the basic first level capital indicator-4.5%; 2.2. first level capital indicator-6%. 3. the EU Regulation No. 575/2013 for the purpose of application of article 467 of the applicable percentage from 01.01.2014. to 31.12.2017. is 100%. 4. the EU Regulation No. 575/2013 article 468 for the purpose of applying paragraph 1, pursuant to paragraph 3 of that article, the applicable percentage from 01.01.2015. to 31.12.2017. is the following: 4.1 01.01.2015-31 December 2015 – 40%; 4.2.01.01.2016.-31.12.2016.-60%; 4.3.01.01.2017.-31.12.2017.-80%. 5. the EU Regulation No. 575/2013 468. Article 4 for the purposes of the application of the applicable percentage from 01.01.2014. to 31.12.2017. is 100%. 6. the EU Regulation No. 575/2013 478. Article 2 for the purposes of the application of the applicable percentage from 01.01.2014. to 31.12.2023. is the following: 6.1.-. 01.01.2014.0% 31.12.2014; 6.2.01.01.2015.-.-10% 31 December 2015; 6.3.01.01.2016.-31.12.2016.-20%; 6.4.01.01.2017.-31.12.2017.-30%; 6.5.01.01.2018.-31.12.2018.-40%; 6.6.01.01.2019. – 31 December 2019.-50%; 6.7.01.01.2020.-31.12.2020.-60%; 6.8.01.01.2021.-31.12.2021.-70%; 6.9.01.01.2022.-31.12.2022.-80%; 6.10.01.01.2023.-31.12.2023.-90%. 7. the EU Regulation No. 575/2013 478. Article 3 for the purposes of the application of the applicable percentage from 01.01.2014. to 31.12.2017. is 100%. 8. the EU Regulation No. 575/2013 Article 479 (2) for the purposes of the application of the applicable percentage from 01.01.2014. to 31.12.2017. is 0%. 9. the EU Regulation No. 575/2013 480. Article 1 for the purposes of the application of the coefficient to be applied to 31.12.2017.01.01.2014 is as follows: 9.1.01.01.2014.-.-0.2 31.12.2014; 9.2.01.01.2015. – 31 December 2015-0.4; 9.3.01.01.2016.-31.12.2016.-0.4; 9.4.01.01.2017.-31.12.2017.-0.5.10. Eu Regulation No. 575/2013 481. application of article for the purposes of the elements that make up the second level of capital in accordance with the financial and capital market Commission (hereinafter Commission) Regulation No 60 02.05.2007. "calculation of minimum capital requirements rules", 343.5 343.4. and the requirements of paragraph 343.6, the applicable percentage from 01.01.2014. to 31.12.2017. is the following: 10.1.-. 01.01.2014.-80% 31.12.2014; 10.2.01.01.2015.-31.12.2017.-0%. 11. the EU Regulation No. 575/2013 article 481, paragraph 2 for the purposes of the application of the applicable percentage of the till 31.12.2014.01.01.2014.0%. 12. the EU Regulation No. 575/2013 486 article 2, 3 and 4 for the purposes of the application of paragraph applicable percentage from the 01.01.2014. to 31.12.2021. is the following: 12.1.01.01.2014.-31.12.2014. – 80%; 12.2.01.01.2015.-.-50% 31 December 2015; 12.3.01.01.2016.-31.12.2016.-30%; 12.4.01.01.2017.-31.12.2021.-0%.
3. capital requirements for credit risk 13. Authority calculated that exposures are secured by commercial real estate mortgages, the risk-weighted vērtību in accordance with EU Regulation No. 575/2013 article 126, the 100 percent level of risk.
4. Large exposures restrictions 14. From 575/EU Regulation No 13 to Article 395, paragraph 1 the large exposure limits are exempt the following exposures: 14.1 subject to authorisation by the Commission, exposures to institutions or parent companies included in the consolidation Group subsidiary companies the authority that monitoring of the consolidation at group level the Commission or another Member State, the supervisory organ or of the supervisory organ of the foreign State in a foreign country where consolidated supervision in accordance with requirements that are equivalent to the European Union; 14.2.80 percent of exposures to Member States ' regional governments or local governments or exposures that provided by the Member States, regional or local government guarantees or securities, value, when such exposures in accordance with EU Regulation No. 575/2013 article 115 (5) requirements apply to the 20 percent level of risk; 14.3. the exposures to credit institutions that do not contribute to these credit institutions, not more than up to the end of the following working day and is not expressed in the main trading currencies. Authority to create and maintain a list of the main trading currency, based on market practice and the exchange of trade statistics; 14.4. the active items listed claims against central banks according to the country's national currency, which is considered the minimum reserve requirement; 14.5.50% of the medium/low-risk off-balance-sheet documentary credits and those of medium/low risk off-balance-sheet of unused overdrafts, the EU Regulation No. 575/2013 respectively of annex 1 3 (a) (i) and 3 (b) (i) above; 14.6. the law guarantees requested, used in cases where a mortgage loan which is financed by issuing mortgage mortgage, mortgage loan granted to the worker before the final recording of the mortgage in the land register, provided that this guarantee is used to reduce credit risk, calculating risk weighted assets value; 14.7. assets constituting claims on recognised stock exchanges and other exposures to recognised exchanges. 15. If the authority before 01.01.2014. in accordance with the provisions of Commission regulations No 13.11.2010.. 313 "exposure limit enforcement regulations" and 43, paragraph 8.11. received permission not to limit exposures to institutions of the subsidiary and the parent company, and if the company is subject to consolidated supervision, which also applied to the authority, it shall continue to apply the exemptions referred to in the authorization by 01.01.2014. to 31.03.2014. Those authorities shall submit to the Commission information on the internal limits of transactions iekšgrup they were established in accordance with the provisions of Commission regulations No 28.12.2009.. 194 "credit risk management regulations ' requirements of paragraph 16.3.
5. liquidity requirements investment brokerage firms 16. investment brokerage firm license permission to provide the financial instruments market law, article 3 of the fourth part 5 and 6 referred to investment services (i.e., the financial instrument for the redemption to the initial deployment or during initial deployment will not accommodate the redemption of derivatives instruments; transactions with financial instruments execution to a credit institution or investment firm's invoice), are not binding on the EU Regulation No. 575/2013 in the sixth paragraph.
6. Leverage ratio Of 17.01.01.2014. until 31.12.2014. the authority can choose to calculate quarter-end leverage ratios, or to calculate the leverage ratio as leverage indicators monthly average score during the quarter. Starting with the 01.01.2015., the body of the invoice as a monthly indicator of the lever arm ratio the average score during the quarter.
7. Significant interest 18. the authority with respect to its participation in the relevant and significant participation in the total amount, corresponding to the EU Regulation No. 575/2013 respectively of article 89 1 and 2 requirements, the EU Regulation No. 575/2013 article 89, paragraph 3 (a).
8. Closing questions 19 to 31.12.2017. the authority which has received permission to apply to the internal ratings based approach to credit risk capital requirements, may not apply to the calculation of their bodies and those of the Republic of Latvia registered the subsidiary owned 31.12.2007 existing equity securities, but the expense of such equity capital requirements using the standardised approach to credit risk capital requirement calculation. 20. the rules shall enter into force on January 1, 2014. Financial and capital market Commission President k. Zakuli States