Regulation (EU) 2016/445 (ECB/2016/4) is amended as follows:
(1)
Article 4 is deleted;
(2)
the following Article 24a is inserted:
‘Article 24a
Article 495e of Regulation (EU) No 575/2013: Transitional arrangements for ECAI credit assessments of institutions
By way of derogation from Article 138, point (g), of Regulation (EU) No 575/2013, institutions may continue using an ECAI credit assessment in relation to an institution which incorporates assumptions of implicit government support until 1 January 2027.’
.