273. Competent authorities should determine additional own funds requirement for material risks and …

Competent authorities should determine additional own funds requirement for material risks and elements of risks stemming from the investment firm’s activities, considering all situations listed in Article 40(1) of Directive (EU) 2019/2034, including:

• a. risks or elements of risks the investment firm is exposed to or poses to others are not covered or not sufficiently covered by adequate amounts, types and distribution of capital in accordance with Part Three or Four of Regulation (EU) 2019/2033;
• b. deficiencies in the investment firms’ arrangements, processes, mechanisms and strategies, if such deficiencies cannot be resolved within an appropriate timeframe;
• c. deficiencies in the investment firm’s adjustments in relation to the prudent valuation of the trading book enabling it to sell or hedge out its positions within a short period without incurring material losses under normal market conditions;
• d. investment firm’s non-compliance with the requirement for the application of the permitted internal models leading to inadequate levels of capital; and
• e. investment firm’s repeated failure to establish or maintain an adequate level of additional own funds, as set out in Article 41 of Directive (EU) 2019/2034.

1. Ülevaade

1.1 Viited

• Artikkel 40 1.
• Artikkel 41 Täiendavate omavahendite suunis

1.2 Tuvastatud nõuded

1.3 Seotud standardid

2. Tuvastatud nõuded

3. Seotud standardid

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