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The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer

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The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer - content
    Issuer:Governor of Eesti Pank
    Type:regulation
    In force from:01.01.2022
    In force until: In force
    Translation published:08.12.2021

    The list of other systemically important credit institutions and the requirement for the other systemically important institutions buffer

    Passed 30.05.2016 No. 7
    RT I, 01.06.2016, 4
    Entry into force 01.08.2016

    Amended by the following legal instruments (show)

    PassedPublishedEntry into force
    30.11.2017RT I, 05.12.2017, 1201.01.2018
    17.05.2018RT I, 22.05.2018, 1701.07.2018, partially 01.01.2019
    26.11.2021RT I, 03.12.2021, 101.01.2022

    This decree is established on the basis of section 48 (3) and (7) of the Credit Institutions Act.

    § 1.  Other systemically important institutions operating in Estonia in the meaning of section 48 of the Credit Institutions Act are:
    1) Swedbank AS
    2) AS SEB Pank
    3) AS LHV Pank

    [RT I, 05.12.2017, 12 - entry into force 01.01.2018]

      4) Luminor Bank AS
    [RT I, 22.05.2018, 17 - entry into force 01.07.2018]

    § 2.  The credit institutions named in Point 1 must hold systemically important institution buffers at the following rates:
    1) Swedbank AS: 2%
    2) AS SEB Pank: 2%
    3) AS LHV Pank: 1,5%

    [RT I, 03.12.2021, 1 - entry into force 01.01.2022]

      4) Luminor Bank AS: 2%
    [RT I, 22.05.2018, 17 - entry into force 01.07.2018]

    § 3.  The other systemically important institution buffer requirement is applied to the total risk exposure as calculated under Article 92 Section 3 of Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.06.2013, p 1-337).

    § 4.  The other systemically important institution buffer must be met individually and at a consolidated level.

    [RT I, 05.12.2017, 12 - entry into force 01.01.2018]

    § 5.  [Omitted from this text].

    § 6.  This decree enters into force on 1 August 2016.

    https://www.riigiteataja.ee/otsingu_soovitused.json