Regulation on supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the materiality threshold for credit obligations past due

This regulation establishes technical standards to determine when a credit obligation is considered 'past due' and materially delinquent. It aims to ensure consistent reporting and risk assessment across the EU banking sector by defining the specific financial thresholds that trigger a default classification.

This primarily affects banks and financial institutions, requiring them to apply standardized criteria when reporting non-performing loans and calculating capital requirements.