Article 4, Paragraph 2. · Commission Delegated Regulation (EU) 2022/2060

Contents

2.The criteria for assessing whether a bucket is modellable shall be either of the following:

(a)over an observation period of 12 months ending at the previous reporting reference date referred to in Article 2(1), point (b), of Implementing Regulation (EU) 2021/451:

(i)the institution has identified for that bucket the existence of at least 24 prices which are verifiable in accordance with Article 2 of this Regulation, which have distinct observation dates and which are allocated to that bucket, and

(ii)there has not been a period of 90 days or more in which there were less than four of the verifiable prices referred to in point (i);

(b)over the observation period of 12 months referred to in point (a), the institution has identified for that bucket the existence of at least 100 prices which are verifiable in accordance with Article 2 of this Regulation, which have distinct observation dates and which are allocated to that bucket.