section 1 of the Act (2014:968) if special supervision of credit institutions
and securities companies, and this Act shall enter into force on the 2
August 2014.
The provision in Chapter 6. § 5 shall enter into force on the day on which
the Government determines.
section 2 of this Act is repealed
a) Act (2006:1371) on capital adequacy and large
exposures,
b) Act (2006:1372) on the introduction of the Act (2006:1371) if
capital adequacy and large exposures, and
c) Act (2013:1051) on contributions in accordance with the EU regulation on
prudential requirements for credit institutions and investment firms.
section 3 authorisation of an institution pursuant to Chapter 4. paragraph 7 of the
repealed the Act (2006:1371) on capital adequacy and large
exposures using an internal method instead of
standardised approach to calculate risk-weighted exposure amounts
in effect at the date of entry into force of this law shall continue to
apply to that State under article 143(1) of the EP
and Council Regulation (EC) no 575/2013 of 26 June
prudential requirements for credit institutions and investment firms and
amending Regulation (EU) No 648/2012.
section 4 authorisation of an institution pursuant to Chapter 4. section 9 other
the paragraph in the repealed Act (2006:1371) on capital adequacy
and large exposures the use of standardised approach to
calculate risk-weighted exposure amounts applicable at
the entry into force of this law shall continue to apply as
authorisation referred to in article 150 of Regulation (EU) no 575/2013.
§ 5 acceptance of a credit rating agencies or a
a decision on a credit-rating company credit quality step
According to Chapter 4. section 12 and section 13 of the repealed Act
(2006:1371) on capital adequacy and large exposures
valid at the date of entry into force of this law, as long as
approval revoked shall continue to apply until
the European Commission in accordance with article 136(1)
of Regulation (EC) no 575/2013 adopted technical standards for
credit-rating companies ' credit quality steps.
section 6 of the Condition of an institution in accordance with Chapter 5. section 3 of the
repealed the Act (2006:1371) on capital adequacy and large
exposures to use internal risk models to
calculate the capital requirement for market risk in force at
the entry into force of this law shall continue to apply as
authorisation under article 363 of Regulation (EU) no 575/2013.
Article 7 authorisation of an institution pursuant to Chapter 6. 5 and 6 of the
repealed the Act (2006:1371) on capital adequacy and large
exposures using a different basis of calculation
or advanced measurement approach for calculating the capital requirement for
operational risks existing at the entry into force of this Act
shall continue to apply to that State in accordance with article 312 of the
Regulation (EC) no 575/2013.
section 8 Authorization for an institution pursuant to Chapter 6. section 8 of the
repealed the Act (2006:1371) on capital adequacy and large
exposures to combine different methods to calculate
capital requirement for operational risk in force at
the entry into force of this law shall continue to apply as
authorisation in accordance with article 314.1 of Regulation (EU) no
575/2013.
§ 9 decision to exempt a company from the consolidated
the requirements of Chapter 9. section 14 of the repealed Act (2006:1371) if
capital adequacy and large exposures existing at
the entry into force of this law shall continue to apply as a
exceptions as referred to in article 19(2) of Regulation (EC) no 575/2013.
paragraph 10 of the decision to exempt a mixed financial
holding companies from the consolidated requirements of Chapter 9. section 15
in the repealed Act (2006:1371) on capital adequacy and large
exposures that are valid at the time of entry into force shall continue to
apply as an exception pursuant to Chapter 4. section 10 of the Act (2014:968) if
special supervision of credit institutions and securities companies.