354. In addition, competent authorities should consider the extent to which the existing combined …

In addition, competent authorities should consider the extent to which the existing combined buffer requirements and other applicable measures already cover risks revealed by stress testing. In this regard, competent authorities:

• a. should offset P2G against the capital conservation buffer (CCB), as P2G and the CCB overlap in nature;
• b. should in exceptional cases offset P2G on a case-by-case basis against the countercyclical capital buffer (CCyB) – while no overlap is in principle expected between them – based on the consideration of underlying risks covered by the buffer and factored into the design of the scenarios used for the stress tests, after liaising with the macroprudential authority;
• c. should not offset P2G against the systemic risk buffers (G-SII/O-SII buffers and the systemic risk buffer), as those are intended to cover the risks an institution poses to the financial system;
• d. should not offset P2G-LR against the G-SII leverage ratio buffer requirement specified in Article 92(1a) of Regulation (EU) No 575/2013;
• e. may review the P2G communicated to that institution to ensure that its calibration remains appropriate where an institution becomes bound by the output floor, in accordance with Article 104b(4a) of Directive 2013/36/EU.

1. Panoramica

1.1 Riferimenti

• Article 92 1a.

1.2 Requisiti identificati

1.3 Standard correlati

2. Requisiti identificati

3. Standard correlati

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/