+16. At minimum, the DGS should set the periodic target level according to the result of the …

16. At minimum, the DGS should set the periodic target level according to the result of the …

At minimum, the DGS should set the periodic target level according to the result of the following formula where the denominator needs to be at least equal to 1:

(𝑚𝑖𝑛𝑖𝑚𝑢𝑚) 𝑝𝑒𝑟𝑖𝑜𝑑𝑖𝑐 𝑡𝑎𝑟𝑔𝑒𝑡 𝑙𝑒𝑣𝑒𝑙 =

𝑚𝑖𝑛𝑖𝑚𝑢𝑚 𝑡𝑎𝑟𝑔𝑒𝑡 𝑙𝑒𝑣𝑒𝑙−𝑞𝑢𝑎𝑙𝑖𝑓𝑖𝑒𝑑 𝑎𝑣𝑎𝑖𝑙𝑎𝑏𝑙𝑒 𝑓𝑖𝑛𝑎𝑛𝑐𝑖𝑎𝑙 𝑚𝑒𝑎𝑛𝑠 (𝑄𝐴𝐹𝑀) 𝑟𝑒𝑚𝑎𝑖𝑛𝑖𝑛𝑔 𝑛𝑢𝑚𝑏𝑒𝑟 𝑜𝑓 𝑝𝑒𝑟𝑖𝑜𝑑𝑠 𝑢𝑛𝑡𝑖𝑙 𝑡ℎ𝑒 𝑚𝑖𝑛𝑖𝑚𝑢𝑚 𝑡𝑎𝑟𝑔𝑒𝑡 𝑙𝑒𝑣𝑒𝑙 ℎ𝑎𝑠 𝑡𝑜 𝑏𝑒 𝑟𝑒𝑎𝑐ℎ𝑒𝑑 𝑖𝑛 𝑎𝑐𝑐𝑐𝑜𝑟𝑑𝑎𝑛𝑐𝑒 𝑤𝑖𝑡ℎ 𝐴𝑟𝑡𝑖𝑐𝑙𝑒 10(2)𝑜𝑓 𝑡ℎ𝑒 𝐷𝐺𝑆𝐷

1. Overview

,
Summary Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source Requirement

3. Related Standards

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