Translation of "Modèle de déclaration transitoire des fonds propres " (French → English) :

By way of derogation from Article 4 during the period from 31 March 2014 to 31 December 2017 in order to meet the requirements for disclosure of the additional items on own funds as provided for in Article 492(3) of Regulation (EU) No 575/2013, institutions shall complete and publish the transitional own funds disclosure template provided in Annex VI, according to the instructions provided in Annex VII, instead of the general own funds disclosure templ ...[+++]ate provided in Annex IV, according to the instructions provided in Annex V.

In order not to discourage credit institutions from moving to the Internal Ratings Based Approach (the IRB Approach) or Advanced Measurement Approaches for calculating the capital requirements during the transitional period due to unreasonable and disproportionate implementation costs, it should be possible to allow credit institutions which have moved to the IRB Approach or Advanced Measurement Approaches since 1 January 2010 and which have previously calculated their capital requirements in accordance with other ...[+++]less sophisticated approaches, subject to supervisory approval, to use the less sophisticated approaches as the basis for the calculation of the transitional floor.

EUROPA - EU law and publications - EUR-Lex - EUR-Lex - 32008D0458 - EN - 2008/458/EC: Commission Decision of 5 March 2008 laying down rules for the implementation of Decision No 575/2007/EC of the European Parliament and of the Council establishing the European Return Fund for the period 2008 to 2013 as part of the General programme Solidarity and Management of Migration Flows as regards Member States' management and control systems, the rules for administrative and financial management and the eligibility of expenditure on projects co-financed by the Fund (notified under document number C(2008) 796) - COMMISSION DECISION // laying down ...[+++]rules for the implementation of Decision No 575/2007/EC of the European Parliament and of the Council establishing the European Return Fund for the period 2008 to 2013 as part of the General programme ‘Solidarity and Management of Migration Flows’ as regards Member States' management and control systems, the rules for administrative and financial management and the eligibility of expenditure on projects co-financed by the Fund // (notified under document number C(2008)796) // (Only the Bulgarian, Czech, Dutch, English, Estonian, Finnish, French, German, Greek, Hungarian, Italian, Latvian, Lithuanian, Maltese, Polish, Portuguese, Romanian, Slovak, Slovenian, Spanish and Swedish texts are authentic) // (2008/458/EC) // MODEL DESCRIPTION OF MANAGEMENT AND CONTROL SYSTEMS // MODEL MULTI-ANNUAL PROGRAMME // MODEL ANNUAL PROGRAMME // MODEL PROGRESS REPORT ON IMPLEMENTATION OF THE ANNUAL PROGRAMME // MODEL FINAL REPORT ON IMPLEMENTATION OF THE ANNUAL PROGRAMME // MODEL AUDIT STRATEGY // MODEL REPORT BY THE AUDIT AUTHORITY // MODEL DECLARATION OF EXPENDITURE FOR THE SECOND PRE-FINANCING // MODEL DECLARATION OF EXPENDITURE FOR PAYMENT OF THE BALANCE // INSTRUCTIONS CONCERNING THE EMBLEM AND DEFINITION OF THE STANDARD COLOURS // RULES ON THE ELIGIBILITY OF EXPENDITURE — EUROPEAN RETURN FUND

The competent authorities may allow the capital requirement for an exchange‐traded future to be equal to the margin required by the exchange if they are fully satisfied that it provides an accurate measure of the risk associated with the future and that it is at least equal to the capital requirement for a future that would result from a calculation made using the method set out in this Annex or applying the internal models method described in Annex V. The competent authorities may also allow the capital requirem ...[+++]ent for an OTC derivatives contract of the type referred to in this point cleared by a clearing house recognised by them to be equal to the margin required by the clearing house if they are fully satisfied that it provides an accurate measure of the risk associated with the derivatives contract and that it is at least equal to the capital requirement for the contract in question that would result from a calculation made using the method set out in the this Annex or applying the internal models method described in Annex V.

EUROPA - EU law and publications - EUR-Lex - EUR-Lex - 32006L0049 - EN - Directive 2006/49/EC of the European Parliament and of the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast) - DIRECTIVE - OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL // CALCULATING CAPITAL REQUIREMENTS FOR POSITION RISK // CALCULATING CAPITAL REQUIREMETNS FOR SETTLEMENT AND COUNTERPARTY CREDIT RISK // CALCULATING CAPITAL REQUIREMENTS FOR FOREIGN-EXCHANGE RISK // CALCULATING CAPITAL REQUIREMENTS FOR COMMODITIES RISK // USE OF INTERNAL MODELS TO CALCULATE CAPITAL REQUIREMENTS // CALCULATING CAPITAL REQUIREMENTS FOR ...[+++] LARGE EXPOSURES // TRADING // REPEALED DIRECTIVES // CORRELATION TABLE

The competent authorities may allow the requirement against a written exchange‐traded option to be equal to the margin required by the exchange if they are fully satisfied that it provides an accurate measure of the risk associated with the option and that it is at least equal to the capital requirement against an option that would result from a calculation made using the method set out in the remainder of this Annex or applying the internal models method described in Annex V. The competent authorities may also allow the capital requ ...[+++]irement for an OTC option cleared by a clearing house recognised by them to be equal to the margin required by the clearing house if they are fully satisfied that it provides an accurate measure of the risk associated with the option and that it is at least equal to the capital requirement for an OTC option that would result from a calculation made using the method set out in the remainder of this Annex or applying the internal models method described in Annex V. In addition they may allow the requirement on a bought exchange‐traded or OTC option to be the same as that for the instrument underlying it, subject to the constraint that the resulting requirement does not exceed the market value of the option. The requirement against a written OTC option shall be set in relation to the instrument underlying it.