28. IRC approaches based on different parameters

Il-kalkolu tal-IRC għandu jsir tal-anqas darba fil-ġimgħa. Madankollu, l-istituzzjonijiet jistgħu jgħażlu li jikkalkulaw il-kejl aktar spiss. Jekk, pereżempju, istituzzjoni tiddeċiedi fuq komputazzjoni tal-IRC ta‟ darba fil-ġimgħa, dawn li ġejjin għandhom japplikaw għall-kalkolu ta‟ kuljum tar-rekwiżiti kapitali bbażati fuq mudelli interni:

• i. L-istess numru tal-IRC għandu jintuża għal ħames ġranet sussegwenti ta‟ xogħol wara t-tħaddim tal-mudell tal-IRC;
• ii. Fir-rigward tal-kalkolu tan-numri medji tal-IRC fuq it-12-il ġimgħa preċedenti, l-istituzzjonijiet għandhom jużaw in-numri tal-IRC ta‟ kull ġimgħa tat-tnax il-ġimgħa preċedenti biex jikkalkulaw dik il-medja.

L-istituzzjoni għandha tkun kapaċi tipprova li, fil-ġurnata tal-ġimgħa magħżula għall-kalkolu tal-IRC, il-portafoll tagħha jkun jirrappreżenta l-portafoll miżmum matul il-ġimgħa u li l-portafoll magħżul ma jwassalx għal sottovalutazzjoni sistematika tan-numri tal-IRC meta kkalkolati fil-ġimgħa.

Titolu III – Dispożizzjonijiet Finali u Implimentazzjoni

On the basis of the information provided, the competent national supervisor should decide whether the IRC approach used – or planned to be used – by the institution should be considered as a non-compliant IRC approach or could be considered as a non-fully compliant IRC approach according to point 28.4 below. In particular, if an IRC approach is recognised as a non-compliant IRC approach, this would in principle entail the application of the standardised approach for specific risk to the positions covered by the non-compliant IRC approach.

In order to have its approach recognised as a non-fully compliant IRC approach, an institution should demonstrate, to the satisfaction of its supervisor, that the institution‟s IRC approach results in a capital requirement that is at least as high as if it were based on a fully compliant IRC approach.

The decision to recognise an institution‟s approach as a non-fully compliant approach is made by competent authorities.