EBA finds Hungarian waiver for covered bonds justified

News Financial services Guidance

Date: 28th Nov, 2024 Source: European Banking Authority (EBA) Country: European Union Original Source

Brief

On 28/11/2024, the European Banking Authority (EBA) issued an update regarding "EBA finds Hungarian waiver for covered bonds justified". The EBA published an Opinion addressing a partial waiver of provision under the Capital Requirements Regulation (CRR) in Hungary, citing significant potential concentration problems. The Central Bank of Hungary will monitor the situation and assess the need for the waiver based on documentation of the concentration problem.

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European Banking Authority (EBA)

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EBA finds Hungarian waiver for covered bonds justified

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EBA finds Hungarian waiver for covered bonds justified

Brief

European Banking Authority (EBA)

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