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+Article 133 8. |
Article 133 8.When requiring a systemic risk buffer to be maintained the competent authority or the designated authority shall comply with the following:
(a)
the systemic risk buffer does 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 proper functioning of the internal market;
(b)
the systemic risk buffer is to be reviewed by the competent authority or the designated authority at least every second year;
(c)
the systemic risk buffer is not to be used to address any of the following:
(i)
risks that are covered by Articles 130 and 131 of this Directive;
(ii)
risks that are fully covered by the calculation set out in Article 92(3) of Regulation (EU) No 575/2013;
(d)
where a systemic risk buffer applies to the total risk exposure amount of an institution and that institution becomes bound by the output floor, its competent authority or designated authority shall review, by a date no later than the date of the biennial review referred to in point (b) of this paragraph, the institution’s systemic risk buffer requirement in order to ensure that its calibration remains appropriate. 1. Prezentare generală
1.1 Referințe1.2 Cerințe identificate1.3 Standarde asociate2. Cerințe identificate
3. Standarde asociate
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