Public consultation on the draft ECB Regulation on the materiality threshold for credit obligations past due

The ECB Regulation on the materiality threshold for credit obligations past due will set out a single materiality threshold for all significant institutions in Member States participating in the Single Supervisory Mechanism, defined for both retail and non-retail exposures, irrespective of the method used for the calculation of capital requirements.

The materiality threshold will comprise an absolute component, expressed as a specific maximum amount for the sum of all amounts past due owed by an obligor, and a relative component, expressed as a percentage, reflecting the amount of the credit obligation past due in relation to the total amount of all on-balance-sheet exposures to that obligor.

The materiality threshold will increase the comparability of capital requirements among banks.

Deadline for submitting comments: midnight CET on 17 August 2018.

Only comments received before this deadline will be considered.

Submit your comments by midnight CET on 17 August 2018 using this template.

Please provide relevant examples or data, where appropriate.

Only comments provided using the above template will be published after the closure of this public consultation.

Submitting comments by e-mail using the above template:

Send your comments to: SSMPublicConsultation@ecb.europa.eu

Please write “Public consultation on the draft ECB Regulation on the materiality threshold for credit obligations past due” in the subject line.

Submitting comments by post using the above template:

Send your comments to the following address:

European Central Bank Secretariat to the Supervisory Board
“Public consultation on the draft ECB Regulation on the materiality threshold for credit obligations past due”
60640 Frankfurt am Main
Germany

After the consultation period closes, all comments submitted using the template will be published on this web page along with a feedback statement. For details on how your personal data and contribution will be handled, please see this privacy statement:

The ECB will hold a public hearing in the form of a telephone conference at 14:00 CET on Tuesday, 31 July 2018.

The event will comprise a presentation followed by a question and answer session in English for registered participants.

How to register

Please register your interest in participating in the hearing, using this form, by 24 July 2018. Registrations received after this date will not be accepted.

Registered participants will receive a confirmation email containing the telephone number and an access code for the hearing.

Please dial in at least five minutes before the beginning of the conference call.