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+Article 104a 6. |
Article 104a 6.Where an institution becomes bound by the output floor laid down in Article 92(3) of Regulation (EU) No 575/2013, the following shall apply:
(a)
the nominal amount of additional own funds required by the institution’s competent authority in accordance with Article 104(1), point (a), to address risks other than the risk of excessive leverage is not to increase as a result of the institution becoming bound by the output floor;
(b)
the institution’s competent authority shall, without delay, and in any event no later than the end date of the next review and evaluation process, review the additional own funds it required from the institution in accordance with Article 104(1), point (a), and remove any parts thereof that would double-count the risks that are already fully covered by the fact that the institution is bound by the output floor;
(c)
as soon as the competent authority has completed the review referred to in point (b) of this subparagraph, point (a) of this subparagraph shall no longer apply. For the purposes of this Article and Articles 131 and 133 of this Directive, an institution shall be considered as bound by the output floor when the institution’s total risk exposure amount calculated in accordance with Article 92(3), first subparagraph, of Regulation (EU) No 575/2013 exceeds its un-floored total risk exposure amount calculated in accordance with Article 92(4) of that Regulation. 1. Übersicht
1.1 Referenzen1.2 Identifizierte Anforderungen1.3 Zugehörige Standards2. Identifizierte Anforderungen
3. Zugehörige Standards
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