18. Under the second approach, institutions should reconcile prices produced by their internal …

Under the second approach, institutions should reconcile prices produced by their internal risk-measurement model and based on the data inputs from the current period, referred to in Article 325bc(3)(c) of Regulation (EU) No 575/2013, with one of the following:

• (a) verifiable prices as defined in the regulatory technical standards to be adopted pursuant to Article 325be of Regulation (EU) No 575/2013;
• (b) pri ces produced by the institutions’ front -office or back-office systems.

In order to perform the reconciliation referred to in this paragraph, the outcome of that reconciliation should be reasonably aligned to the outcome that would have been obtained by performing the reconciliation in paragraph 17.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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