EBU Single Rulebook Q&A 20 October 2020 2020_5567 Interplay between Article 13a of Commission Delegated Regulation (EU) No 241/2014 as regards the deduction of software assets from Common Equity Tier 1 (CET1) items and Article 37(a) of Regulation (EU) No 575/2013 (CRR)

Would it be possible that the application of Article 37(a) of the CRR in conjunction with the new deduction rules established in Article 13a of the Commission Delegated Regulation (EU) No 241/2014 could lead to:

• A negative deduction, i.e. an addition, of software assets when it comes to the determination of CET1 items, and/or

• A non-adequate amount to be risk weighted?