+40. The ‘adjusted ORC’ should reflect the competent authorities’ assessment of the institutions’ …

40. The ‘adjusted ORC’ should reflect the competent authorities’ assessment of the institutions’ …

The ‘adjusted ORC’ should reflect the competent authorities’ assessment of the institutions’ ORC having considered and reviewed the relevant elements underlying its determination. Based on the outcome of this assessment, competent authorities’ ‘adjusted ORC’ should be either lower than or equal to the ORC determined by institutions.

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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