1. Calculation of the IRC should be at least weekly. However, institutions can choose to compute …

Calculation of the IRC should be at least weekly. However, institutions can choose to compute the measure more frequently. If, for example, an institution decides on a weekly IRC computation, for the daily calculation of capital requirements based on internal models the following should apply:

• i. The same IRC number should be used for five subsequent business days following the running of the IRC model;
• ii. With respect to the calculation of the average IRC numbers on the preceding 12 weeks, institutions should use the previous twelve IRC weekly numbers to compute that average.

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1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/