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Article 67 - Specification of amount and timing relating to the approval of a method

Article 67
Specification of amount and timing relating to the approval of a method

Where the supervisory authorities approve a method to determine the amount of each ancillary own fund item, the supervisory authorities' decision shall set out all of the following:

(a)

the initial amount of the ancillary own funds item that has been calculated using that method at the date the approval is granted;

(b)

the minimum frequency of recalculation of the amount of ancillary own funds item using that method where it is more frequent than annual, and the reasons for that frequency;

(c)

the time period for which the calculation of the ancillary own funds item using that method is granted.

Official text · consolidated version 14/11/2024 (in force) Open full page ↗
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