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European Insurance and Occupational Pensions Authority

Regional governments and local authorities

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TITLE I > CHAPTER V > SECTION 1 > SUBSECTION 3

Article number:  85

The conditions for a categorisation of regional governments and local authorities shall be that there is no difference in risk between exposures to these and exposures to the central government, because of the specific revenue-raising power of the former, and specific institutional arrangements exist, the effect of which is to reduce the risk of default.

Metadata

RULEBOOK TOPIC:  SUBSECTION 3 - Regional governaments and local authorities

RULEBOOK CATEGORY:  DELEGATED REGULATION (EU) 2015/35

Last update on:  03 May 2021