31. Competent authorities may agree to the update of the calibration of the recovery plan …

Competent authorities may agree to the update of the calibration of the recovery plan indicators in duly justified cases such as the following:

• a. The recalibrated indicators comply with the general requirements for the calibration of recovery plan indicators as outlined under paragraph 27.
• b. Those changes reflect changes to the institution’s business and financial profile and are aligned with the internal risk management and risk appetite framework of the institution.
• c. The recalibration does not go against the objectives of supervisory relief measures.
• d. The capital indicators are at all times calibrated at levels exceeding the relevant amount of own funds required pursuant to Parts Three, Four and Seven of Regulation (EU) No 575/2013, Chapter 2 of Regulation (EU) 2017/2402 and point (a) of Article 104(1) of Directive 2013/36/EU as relevant.

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/