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Recital 10

Recital 10

(10)The frequency at which the results of the profit and loss attribution requirement are to be reported should be aligned to the frequency at which the modellability of the risk factors is assessed and the frequency at which the own funds requirements for market risk are reported. That way, institutions will be able to determine the own funds requirements for market risk based on consistent results for the back-testing requirements, the profit and loss attribution requirements and the assessment of modellability.

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