Large Loans and Millions of Loans Ordinance
Basic data | |
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Title: | Regulation to supplement the large exposure regulations according to Regulation (EU) No. 575/2013 of the European Parliament and of the Council of June 26, 2013 on prudential requirements for credit institutions and investment firms and to amend Regulation (EU) No. 646/2012 and to supplement the Millions of loans according to the Banking Act |
Short title: | Large Loans and Millions of Loans Ordinance |
Previous title: | Ordinance on the recording, measurement, weighting and display of loans in the area of large exposures and multi-million loan regulations of the Law on the Banking System |
Abbreviation: | GroMiKV |
Type: | Federal law |
Scope: | Federal Republic of Germany |
Issued on the basis of: | Section 13 (1) and Section 22 KWG |
Legal matter: | Commercial administrative law |
References : | 7610-2-40 |
Original version from: | December 29, 1997 ( BGBl. I p. 3418 ) |
Entry into force on: | January 1, 1998 (Section 53 GroMiKV) |
Last revision from: | December 6, 2013 ( Federal Law Gazette I p. 4183 ) |
Entry into force of the new version on: |
1st of January 2014 |
Last change by: |
Art. 1 VO of February 27, 2019 ( Federal Law Gazette I p. 151 ) |
Effective date of the last change: |
March 1, 2019 (Art. 2 of February 27, 2019) |
Weblink: | Text of the GroMiKV |
Please note the note on the applicable legal version. |
The Large Loans and Millions Loans Ordinance (GroMiKV) is a binding requirement of the Federal Ministry of Finance for both credit institutions and financial services institutions . This specification governs the one exception in the area of large exposures on the basis of electoral rights in Art. 400 para. 2 Kapitaladäquanzverordnung and lays particular million credit View determines how loans to § 19 para. 1 KWG are to report to the millions of credit indicators. The GroMiKV is a supplementary regulation to the Banking Act .
literature
- Nikolaus Demmelmair: The large loan, million dollar and body regulations . Sparkassenverlag (2014), 7th edition, ISBN 978-3-09-305675-8
Web links
- Page no longer available , search in web archives: Deutsche Bundesbank: Overview of statutory reporting and reporting obligations for institutions (PDF file; 205 kB)
- Page no longer available , search in web archives: leaflet for submitting large and million dollar loan advertisements according to §§ 13 to 13b and 14 KWG
- Page no longer available , search in web archives: BaFin: interpretation decisions on the large loan and million dollar loan regulations of the KWG and the GroMiKV (status: December 6, 2007; PDF file; 103 kB)