+Alternative approach for exposures to central governments
---+Scenario CG 1: Alternative approach – partial use
---+Scenario CG 2: Alternative approach – used for all directly dependent entities
---+Scenario CG 3: Alternative approach – applicable on ‘first/second level’, not below
---+Scenario CG 4: ‘Horizontal connections’ on the ‘second level’

Alternative approach for exposures to central governments

To illustrate the possible scenarios, the following general scenario is used: the central government directly controls four legal persons (A, B, C and D). Entities A and B themselves have direct control over two subsidiaries each (A¹ /A² , B¹ /B² ). The reporting institution has exposures to the central government and all of the entities shown.

1. Áttekintés

Megnevezés	Szabályozás
Scenario CG 1: Alternative approach – partial use	The reporting institution could carve out only one group (‘central government/A/all controlled or dependent entities of A’) and keep the general treatment for the rest (‘central government/B, C and D/all controlled or dependent entities of B’):
Scenario CG 2: Alternative approach – used for all directly dependent entities	Scenario CG 2: Alternative approach – used for all directly dependent entities
Scenario CG 3: Alternative approach – applicable on ‘first/second level’, not below	In the scenarios CG1 and CG2, entities A, B, C and D constitute the ‘second level’, i.e. the level directly below the central government (‘first level’). Here, a carve -out from the overall group of connected clients is possible. However, entities A¹ , A² , B¹ and B² are only indirectly connected to the central government. A carve-out on their level is not possible (e.g. both A¹ and A² need to be included in the group ‘central government/A’):
Scenario CG 4: ‘Horizontal connections’ on the ‘second level’	In a variation on the general scenario above, entities A and B are economically dependent (payment difficulties for B would be contagious to A): Assuming that the reporting institution uses the alternative approach only in part, as described in scenario CG 1 above, the following groups of connected clients need to be considered:

1.1 Hivatkozások

1.2 Azonosított követelmények

1.3 Kapcsolódó szabványok

2. Azonosított követelmények

Követelmények
Forrás	Követelmény

3. Kapcsolódó szabványok

Szabványok
Forrás	Követelmény

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