Commission Delegated Regulation (EU) 2015/35 Article 85

Article 85

The conditions for a categorisation of regional governments and local authorities shall be that there is no difference in risk between exposures to these and exposures to the central government, because of the specific revenue-raising power of the former, and specific institutional arrangements exist, the effect of which is to reduce the risk of default.

Read the full instrument → · Read this in context: Subsection 3 — Regional governments and local authorities →

Compiled from an official source version. Later amendments or repeals may not be reflected; the official text prevails. · Read the official text ↗ · Data as of 2026-07-04

CitationArticle 85 of Commission Delegated Regulation (EU) 2015/35 (LawPlayer, data as of 2026-07-04)

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