+Article 132 3.

Article 132 3.

Institutions may determine the risk-weighted exposure amount of a CIU's exposures in accordance with the approaches set out in Article 132a where all the following conditions are met:

(a) 

the CIU is one of the following:

(i) 

an undertaking for collective investment in transferable securities (UCITS), governed by Directive 2009/65/EC;

(ii) 

an AIF managed by an EU AIFM registered under Article 3(3) of Directive 2011/61/EU;

(iii) 

an AIF managed by an EU AIFM authorised under Article 6 of Directive 2011/61/EU;

(iv) 

an AIF managed by a non-EU AIFM authorised under Article 37 of Directive 2011/61/EU;

(v) 

a non-EU AIF managed by a non-EU AIFM and marketed in accordance with Article 42 of Directive 2011/61/EU;

(vi) 

a non-EU AIF not marketed in the Union and managed by a non-EU AIFM established in a third country that is covered by a delegated act referred to in Article 67(6) of Directive 2011/61/EU;

(b) 

the CIU's prospectus or equivalent document includes the following:

(i) 

the categories of assets in which the CIU is authorised to invest;

(ii) 

where investment limits apply, the relative limits and the methodologies to calculate them;

(c) 

reporting by the CIU or the CIU management company to the institution complies with the following requirements:

(i) 

the exposures of the CIU are reported at least as frequently as those of the institution;

(ii) 

the granularity of the financial information is sufficient to allow the institution to calculate the CIU's risk -weighted exposure amount in accordance with the approach chosen by the institution;

(iii) 

where the institution applies the look-through approach, information about the underlying exposures is verified by an independent third party.

By way of derogation from point (a) of the first subparagraph of this paragraph, multilateral and bilateral development banks and other institutions that co-invest in a CIU with multilateral or bilateral development banks may determine the risk-weighted exposure amount of that CIU's exposures in accordance with the approaches set out in Article 132a, provided that the conditions set out in points (b) and (c) of the first subparagraph of this paragraph are met and that the CIU's investment mandate limits the types of assets that the CIU can invest in to assets that promote sustainable development in developing countries.

Institutions shall notify their competent authority of the CIUs to which they apply the treatment referred to in the second subparagraph.

By way of derogation from point (c)(i) of the first subparagraph, where the institution determines the risk-weighted exposure amount of a CIU's exposures in accordance with the mandate-based approach, the reporting by the CIU or the CIU management company to the institution may be limited to the investment mandate of the CIU and any changes thereof and may be done only when the institution incurs the exposure to the CIU for the first time and when there is a change in the investment mandate of the CIU.

1. Áttekintés

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1.1 Hivatkozások

1.2 Azonosított követelmények

1.3 Kapcsolódó szabványok

2. Azonosított követelmények

Követelmények

3. Kapcsolódó szabványok

Szabványok