113. The decision on materiality depends on the supervisory judgement. However, for FX lending …

The decision on materiality depends on the supervisory judgement. However, for FX lending risk, in light of the ESRB Recommendation on lending in foreign currencies³⁶ , materiality should be determined taking into account the following threshold: loans denominated in foreign currency to unhedged borrowers constitute at least 10% of an institution’s total loan book (total loans to non-financial corporations and households), where such a total loan book constitutes at least 25% of the institution’s total assets.

³⁶ Recommendation of the European Systemic Risk Board of 21 September 2011 on lending in foreign currencies (ESRB/2011/1) (OJC 342, 22.11.2011, p.1).

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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