EBA lists public sector bodies for calculation of capital requirements

The CRR is a single set of prudential rules that sets out capital requirements for credit institutions and investment firms across the EU.

The list is designed to help organisations determine their own capital requirements, the EBA said.

"The EBA has compiled this list on its own initiative to enhance harmonisation in the treatment of exposures to EU PSEs using the standardised approach to capital requirements. In particular, the list includes those PSEs that are treated as regional governments, local authorities or central governments due to their reduced risk level. As a result of this treatment, exposures to the PSEs included in the list will qualify for the same risk weight as for the respective regional government, local authority or central government," the EBA said.

The list includes several organisations from France, Germany, Croatia, Slovakia, Slovenia, Lithuania and Spain, and smaller numbers from other countries including Ireland. There are no PSEs from the UK, Sweden or The Netherlands on the list.

"The list was compiled using the information provided by the competent authorities and is based on the classification used in each individual country. Hence the differences in the approaches and eligibility criteria for PSEs across countries," the EBA said.