The expert panel on large exposures and loans of €1 million or more fosters close institutionalised interaction between the banking industry and banking supervisors on industry-wide issues relating to the large exposures regime and the reporting of loans of €1 million or more.

Since 1 January 2014, material aspects of the rules on large exposures have been governed by Part 4 of the Capital Requirements Regulation (CRR). These rules are augmented by regulatory technical standards issued by the European Commission in connection with the large exposures reporting regime and the question of look-through. The reporting of loans of €1 million or more is governed by section 14 of the Banking Act (Kreditwesengesetz). Both of these regulatory areas are subject to additional rules set forth in the Regulation governing large exposures and loans of €1 million or more (Großkredit- und Millionenkreditverordnung).

Issues surrounding the formation of groups of connected clients pursuant to Article 4 (1) number 39 of CRR and of borrower units consisting of more than one borrower pursuant to section 19 (2) of the Banking Act are also covered.

The expert panel has proven to be a valuable forum for close interaction, and it is hoped that it will continue to yield clear insights – for the banking industry and banking supervisors alike – into the matters at hand and deliver suitable responses to the challenges they raise.