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New version applies from 18/01/2015. 360 provisions change. Later versions: 02/04/2016, 15/09/2017, 01/01/2019, 08/07/2019, 01/01/2020, 30/07/2020, 15/04/2021, 02/08/2022, 14/11/2024, 30/01/2027. Article 67 changes in this version: compare with the current text.

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Official text · consolidated version 17/01/2015 (no longer in force) Open full page ↗
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