Chapter 3, Section 2, Article 31, Point (l) · Commission Delegated Regulation (EU) 2018/959

Contents

(a) that the institution follows a well specified, documented…
(b) that the process for the selection of the loss distributio…
(c) that, in the course of selecting a loss distribution, the…
(d) that, where the data are much dispersed in the tail, empir…
(e) that, where separate loss distributions are used for the b…
(f) that documented statistical support, supplemented as appro…
(g) that, in the course of estimating the parameters of the di…
(h) that the institution has in place methodologies to reduce…
(i) that, where the institution adopts robust estimators in th…
(j) that the institution assesses the goodness-of-fit between…
(k) that, where appropriate, including where the diagnostic to…
(l) that the institution has a regular cycle for controlling a…

(l)that the institution has a regular cycle for controlling assumptions underlying the selected loss distributions, and that where assumptions are invalidated, including where they generate values outside established ranges, the institution has tested alternative methods and that it has properly classified any changes made to the assumptions, in accordance with Commission Delegated Regulation (EU) No 529/2014^note.