2. A competent authority that identifies, as part of the assessment performed in accordance with this Regulation, significant deficiencies in the internal risk-measurement model in relation to some product classes in a given trading desk, or that cannot confirm that that model has a proven track record of being reasonably accurate in measuring the risks corresponding to those product classes, may do either of the following:
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(a)
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require the institution to remove the positions corresponding to those product classes from that trading desk;
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(b)
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refuse to grant permission to calculate the own funds requirements in accordance with the internal model approach for that trading desk.
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