Other CRD Disclosure Requirements

• Specific treatment of securitisations

• Disclosure on waivers for solo supervision

 

Specific treatment of securitisations subject to early amortisation provision of retail exposures
DNB has not developed a specific policy that deviates from the CRD treatment of this specific type of securitisations.
For an overview regarding the special treatment of securtisations in the EU member states see the corresponding table on the CEBS homepage.

Disclosure on Waivers for Solo Supervision
The national discretion contained in Article 69 Para. 3 of Directive 2006/48/EC enables member states under certain conditions to exempt parent credit institutions from complying with the requirements laid down in Article 22 (procedures and internal control mechanisms), Article 75 (minimum level of own funds) and Section 5 (large exposures) on an individual basis. According to Article 70 Para. 1 of Directive 2006/48/EC, competent authorities may furthermore allow parent credit institutions to incorporate subsidiaries in the calculation of these requirements when certain conditions are met. The competent authorites of those Member States exercising these two discretions are required to publicly disclose the information displayed in the following table.
The two national discretions in question were transposed in the Netherlands.

Disclosures on waivers for solo supervision	Article 69(4)	Article 70(4)
Application of the Article	N	N
Applied criteria regarding transferability/repayment	not applicable	not applicable
Number of parent institutions	not applicable	not applicable
Number of parents with third country subsidiaries	not applicable	not applicable
Total amount of (consolidated) own funds held in third country subsidiaries	not applicable	not applicable
Percentage of total (consolidated) own funds of parent held in third country subsidiaries	not applicable	not applicable
Percentage of (consolidated) required own funds of parent held in third country subsidiaries	not applicable	not applicable

For an overview regarding the exercise of Article 69 Para. 3 and Article 70 Para. 1 of Directive 2006/48/EC and the criteria applied thereby in the EU member states see the corresponding table on the CEBS homepage.