Guidance

SS20/13 – Third country equivalence aspects of the credit risk provisions in the CRR, and recognised exchanges

Chapter

Introduction

Printed on: 01/11/2024

Rulebook at: 28/04/2017

1

Introduction

1.1

This supervisory statement (SS) sets out the approach of the Prudential Regulation Authority (PRA) in respect of the identification of recognised exchanges prior to the adoption by the European Commission of a European Securities and Markets Authority (ESMA) Implementing Technical Standard specifying the individual markets and exchanges that qualify as recognised exchanges under the Capital Requirements Regulation (CRR).[1] 

  • 1. On 28 April 2017 this SS was updated – see the annex for details.
  • 28/04/2017

1.2

This SS supplements SS17/13 and is aimed at firms to which CRD IV[2]  applies. 

  • 2. Capital Requirements Directive (2013/36/EU) (CRD) and Capital Requirements Regulation (575/2013) (CRR) – jointly ‘CRD IV’.
  • 28/04/2017