7.4. Reconciliation with the capital buffers and any macroprudential requirements

In determining Pillar 2 requirements (or other capital measures), competent authorities should reconcile the Pillar 2 requirements with any existing capital buffer requirements by addressing the same risks or elements of risks. Competent authorities should not set Pillar 2 requirements or other capital measures (including P2G) where the same risk is already covered by specific capital buffer requirements. Any Pillar 2 requirements or other capital measures should be institution-specific and should not cover macroprudential or systemic risks.