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Commission Delegated Regulation (EU) 2022/1622 of 17 May 2022 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards on emerging markets and advanced economies (Text with EEA relevance)

Type Delegated Regulation

Publication 2022-09-21

State In force

Department European Commission, FISMA

Source EUR-Lex

articles 2

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Article 1

Advanced economies and emerging markets

For the purposes of specifying risk weights for the sensitivities to equity and equity repo rate risk factors in accordance with Article 325ap of Regulation (EU) No 575/2013, the following countries shall constitute advanced economies:

(a) Member States of the European Union and countries which are Parties to the Agreement on the European Economic Area;

(b) the overseas countries and territories which have special relations with Denmark, France or the Netherlands, including the Faeroe Islands and those listed in Annex II to the Treaty on the Functioning of the European Union;

(c) the following third countries:
(i) Australia;
(ii) Canada;
(iii) Hong Kong;
(iv) Japan;
(v) Mexico;
(vi) New Zealand;
(vii) Singapore;
(viii) Switzerland;
(ix) the United Kingdom;
(x) the United States.

For the purposes of specifying risk weights for the sensitivities to equity and equity repo rate risk factors under Article 325ap of Regulation (EU) No 575/2013, countries not listed in paragraph 1 of this Article shall constitute emerging markets.

Article 2

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

This Regulation shall be binding in its entirety and directly applicable in all Member States.

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© European Union, https://eur-lex.europa.eu — Source: EUR-Lex (Publications Office of the European Union). Reused under the Creative Commons Attribution 4.0 International (CC BY 4.0) licence. Only EU legislation published in the printed Official Journal of the European Union is deemed authentic; consolidated texts are reproduced here for documentation purposes and have been reformatted to Markdown.