+76. Where the competent authority in cooperation with the designated authority allows the DGS to …

76. Where the competent authority in cooperation with the designated authority allows the DGS to …

Where the competent authority in cooperation with the designated authority allows the DGS to apply a stock-based contribution method instead of the flow-based contribution method, the DGS should apply the following calculation formula instead of the one described in paragraph 14:

𝐶 𝑖 = 𝐶𝑅 𝑠𝑡𝑜𝑐𝑘−𝑏𝑎𝑠𝑒𝑑 ∗𝐴𝑅𝑊 𝑖 ∗𝐶𝐷 𝑖 ∗µ−∑𝑛𝑒𝑡 𝐶 𝑖 𝑜𝑓 𝑝𝑟𝑒𝑣𝑖𝑜𝑢𝑠 𝑝𝑒𝑟𝑖𝑜𝑑𝑠

Where:

𝐶𝑅 𝑠𝑡𝑜𝑐𝑘−𝑏𝑎𝑠𝑒𝑑= Stock-based contribution rate (identical for all member institutions in a given period)

∑𝑛𝑒𝑡 𝐶 𝑖 𝑜𝑓 𝑝𝑟𝑒𝑣𝑖𝑜𝑢𝑠 𝑝𝑒𝑟𝑖𝑜𝑑𝑠 = The sum of contributions of member institution

‘i’ for previous periods net of any adjustments.

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
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