+Article 49 1

Article 49 1

1.   When assessing an institution’s compliance with Article 325bi(1), point (e), of Regulation (EU) No 575/2013 in relation to the requirements on the estimation of the losses given default, competent authorities shall verify whether the internal documentation covers all aspects referred to in Article 5 of Delegated Regulation (EU) 2023/1578, and whether the institution’s internal policies require the production of an up-to-date inventory specifying:

(a)

the methods that the institution uses to estimate the losses given default, including the materiality, in terms of size of positions and contribution to the default risk own fund requirement, of each different method;

(b)

for each position, the loss given default value, whether the position is a subordinated debt, a senior unsecured debt, a covered bond, or any other type of position, and whether:

(i)

the loss given default is available under the IRB approach for a non-trading book exposure, and whether it is used for the trading book exposure as required by Article 325bp(6), point (c), of Regulation (EU) No 575/2013;

(ii)

the loss given default is not available under the IRB approach for a non-trading book exposure, and whether the institution employs the IRB approach to obtain the position’s loss given default as required by Article 325bp(6), point (c), of Regulation (EU) No 575/2013;

(iii)

the loss given default is not available under the IRB approach for a non-trading book exposure, and whether the institution uses an internal methodology fulfilling the requirements of the IRB approach laid down in Article 3(1) of Delegated Regulation (EU) 2023/1578 to obtain it;

(iv)

the loss given default is not available under the IRB approach for a non-trading book exposure, and whether the institution uses an internal methodology fulfilling the requirements laid down in Article 3(3) or (4), of Delegated Regulation (EU) 2023/1578 to obtain it;

(v)

the loss given default is not available under the IRB approach for a non-trading book exposure, and whether the institution uses external sources as referred to in Article 4 of Delegated Regulation (EU) 2023/1578 to obtain it;

(c)

for all positions, the exposure class referred to in Article 147 of Regulation (EU) No 575/2013 to which they belong.

1. Apžvalga

,

1.1 Nuorodos

1.2 Nustatyti reikalavimai

1.3 Susiję standartai

2. Nustatyti reikalavimai

Reikalavimai

3. Susiję standartai

Standartai