+Sub-Section 2 Technical criteria concerning the organisation and treatment of risks
---+Article 76 Treatment of risks
------+Article 76 1.
------+Article 76 2.
------+Article 76 3.
------+Article 76 4.
------+Article 76 5.
------+Article 76 6.
---+Article 77 Internal Approaches for calculating own funds requirements
------+Article 77 1.
------+Article 77 2.
------+Article 77 3.
------+Article 77 4.
---+Article 78 Supervisory benchmarking of approaches for calculating own funds requirements
------+Article 78 1.
------+Article 78 2.
------+Article 78 3.
------+Article 78 4.
------+Article 78 5.
------+Article 78 6.
------+Article 78 7.
------+Article 78 8.
------+Article 78 9.
---+Article 79 Credit and counterparty risk
---+Article 80 Residual risk
---+Article 81 Concentration risk
---+Article 82 Securitisation risk
------+Article 82 1.
------+Article 82 2.
---+Article 83 Market risk
------+Article 83 1.
------+Article 83 2.
------+Article 83 3.
------+Article 83 4.
---+Article 84 Interest risk arising from non-trading book activities
------+Article 84 1.
------+Article 84 2.
------+Article 84 3.
------+Article 84 4.
------+Article 84 5.
------+Article 84 6.
---+Article 85 Operational risk
------+Article 85 1.
------+Article 85 2.
---+Article 86 Liquidity risk
------+Article 86 1.
------+Article 86 2.
------+Article 86 3.
------+Article 86 4.
------+Article 86 5.
------+Article 86 6.
------+Article 86 7.
------+Article 86 8.
------+Article 86 9.
------+Article 86 10.
------+Article 86 11.
---+Article 87 Risk of excessive leverage
------+Article 87 1.
------+Article 87 2.
---+Article 87a Environmental, social and governance risks
------+Article 87a 1.
------+Article 87a 2.
------+Article 87a 3.
------+Article 87a 4.
------+Article 87a 5.

Sub-Section 2 Technical criteria concerning the organisation and treatment of risks

Sub-Section 2 Technical criteria concerning the organisation and treatment of risks

1. Przegląd

,
Article 76 Treatment of risks
Article 77 Internal Approaches for calculating own funds requirements
Article 78 Supervisory benchmarking of approaches for calculating own funds requirements
Article 79 Credit and counterparty risk

Article 79

Credit and counterparty risk

Competent authorities shall ensure that:

(a) 

credit-granting is based on sound and well-defined criteria and that the process for approving, amending, renewing, and re-financing credits is clearly established;

(b) 

institutions have internal methodologies that enable them to assess the credit risk of exposures to individual obligors, securities or securitisation positions and credit risk at the portfolio level. In particular, internal methodologies shall not rely solely or mechanistically on external credit ratings. Where own funds requirements are based on a rating by an External Credit Assessment Institution (ECAI) or based on the fact that an exposure is unrated, this shall not exempt institutions from additionally considering other relevant information for assessing their allocation of internal capital;

(c) 

the ongoing administration and monitoring of the various credit risk-bearing portfolios and exposures of institutions, including for identifying and managing problem credits and for making adequate value adjustments and provisions, is operated through effective systems;

(d) 

diversification of credit portfolios is adequate given an institution’s target markets and overall credit strategy;

▼M11

(e) 

institutions conduct an ex ante assessment of any crypto-asset exposure they intend to take on and of the adequacy of existing processes and procedures to manage counterparty risk, and report on those assessments to their competent authority.

▼B

Article 80 Residual risk

Article 80

Residual risk

Competent authorities shall ensure that the risk that recognised credit risk mitigation techniques used by institutions prove less effective than expected is addressed and controlled including by means of written policies and procedures.
Article 81 Concentration risk

▼M11

Article 81

Concentration risk

Competent authorities shall ensure that the concentration risk arising from exposures to each counterparty, including central counterparties, groups of connected counterparties, and counterparties in the same economic sector, geographic region or from the same activity or commodity, the application of credit risk mitigation techniques, and including in particular risks associated with large indirect credit exposures, such as a single collateral issuer, is addressed and controlled, including by means of written policies and procedures. For crypto-assets without an identifiable issuer, the concentration risk shall be considered in terms of exposure to the crypto-assets with similar features.

▼M12

Competent authorities shall assess and monitor developments in the practices of institutions concerning the management of their concentration risk arising from exposures towards central counterparties, including the plans developed in accordance with Article 76(2), fifth subparagraph of this Directive, as well as the progress made in adapting their business models to the requirements laid down in Article 7a of Regulation (EU) No 648/2012.

▼B

Article 82 Securitisation risk
Article 83 Market risk
Article 84 Interest risk arising from non-trading book activities
Article 85 Operational risk
Article 86 Liquidity risk
Article 87 Risk of excessive leverage
Article 87a Environmental, social and governance risks

1.1 Odwołania

1.2 Zidentyfikowane wymagania

1.3 Powiązane normy

2. Zidentyfikowane wymagania

Wymagania

3. Powiązane normy

Normy