A corrigendum published by the Council of the European Union on 29 June 2026 corrects an error in the German language version of Article 325y(4) of Regulation (EU) No 575/2013 (the Capital Requirements Regulation, CRR). The correction inserts a missing minus sign in the formula for calculating the default risk charge (DRCb) for weighted net jump-to-default (JTD) amounts, affecting all users of the German text.
The error appeared in the original German version published in the Official Journal L 176 of 27 June 2013, page 506. The original formula read: DRCb = max {(Σi ∈ long RWi · net JTDi) WtS · (Σi ∈ short RWi |net JTDi|); 0}. The corrected formula now reads: DRCb = max {(Σi ∈ long RWi · net JTDi) - WtS · (Σi ∈ short RWi · |net JTDi|); 0}. The change ensures that the weighted short positions are subtracted from the weighted long positions, as intended in the regulation.
The corrigendum was transmitted to the European Parliament. Member States have eight days from 29 June 2026 to send observations to the Council's legal service at dql.rectificatifs@consilium.europa.eu.
This is a technical correction to the German language version only and does not alter the substance of the regulation. The CRR sets out prudential requirements for credit institutions and investment firms, including capital adequacy rules. Article 325y(4) is part of the framework for calculating the default risk charge under the alternative standardised approach for market risk.