+Article 131 6.

Article 131 6.

When requiring an O-SII buffer to be maintained the competent authority or the designated authority shall comply with the following:

(a) 

the O-SII buffer must not entail disproportionate adverse effects on the whole or parts of the financial system of other Member States or of the Union as a whole forming or creating an obstacle to the functioning of the internal market;

(b) 

the O-SII buffer must be reviewed by the competent authority or the designated authority at least annually;

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(c) 

where an O-SII becomes bound by the output floor, its competent authority or designated authority shall review, by a date no later than the date of the annual review referred to in point (b), the institution’s O-SII buffer requirement in order to ensure that its calibration remains appropriate.

1. Ħarsa ġenerali

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Titlu Regolamentazzjoni

1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti
Sors Rekwiżit

3. Standards relatati

Standards
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