Contents
- 1. The Authority shall duly consider systemic risk as defined…
- 2. The Authority shall, in collaboration with the ESRB, and i…
- 3. Without prejudice to the acts referred to in Article 1(2),…
- 4. Upon request from one or more competent authorities, the E…1 change
- 5. The Joint Committee shall ensure overall and cross-sectora…
2.The Authority shall, in collaboration with the ESRB, and in accordance with Article 23 develop a common approach for the identification and measurement of systemic risk posed by key financial market participants, including quantitative and qualitative indicators as appropriate.Those indicators shall be a critical element in the determination of appropriate supervisory actions. The Authority shall monitor the degree of convergence in the determinations made, with a view to promoting a common approach.
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