EBU Single Rulebook Q&A 29 April 2019 2019_4689 Prudential treatment of leasing asset and liabilities (in relation to IFRS 16)

What is the prudential treatment of the right of use leased assets and liabilities and is netting allowed? IFRS 16 is applicable as of 1 January 2019 and the main change is that there will be no distinction between finance and operating leases from the lessee's point of view so lessees should recognise nearly all leases on the balance sheet which will reflect their right to use an asset for a