+Article 43 2

Article 43 2

2.   For the purposes paragraph 1, competent authorities shall compare, on the basis of a sample of time series:

(a)

the volatility and other distributional properties of the scenario of future shocks applied to a given risk factor in the calculation of the partial expected shortfall measures;

(b)

the volatility and other distributional properties of the returns observed for the given risk factor.

Competent authorities shall do the assessment referred to in paragraph 1 on the basis of both the period referred to in Article 325bc(4), point (c), of Regulation (EU) No 575/2013 and the period of financial stress referred to in Article 325bc(2), point (c), of that Regulation.

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