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+Article 18 1. |
Article 18 1.Institutions shall document appropriately the prudent valuation methodology. This documentation shall include internal policies providing guidance on all of the following points:
(a)
the range of methodologies for quantifying AVAs for each valuation position;
(b)
the hierarchy of methodologies for each asset class, product, or valuation position;
(c)
the hierarchy of market data sources used in the AVA methodology;
(d)
the required characteristics of market data to justify a zero AVA for each asset class, product, or valuation position;
(e)
the methodology applied where an expert based approach is used to determine an AVA;
(f)
the methodology for determining whether a valuation position requires a concentrated position AVA;
(g)
the assumed exit horizon for the purpose of calculating AVAs for concentrated positions, where relevant;
(h)
the fair-valued assets and liabilities for which a change in accounting valuation has a partial or zero impact on CET1 capital according to Article 4(2) and Article 8(1). 1. Pārskats
1.1 Atsauces1.2 Identificētās prasības1.3 Saistītie standarti2. Identificētās prasības
3. Saistītie standarti
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