Contents
- 1. Competent authorities shall, having regard to the legal fo…
- 2. The measurement referred to in paragraph 1 shall be propor…
- 3. Where Directive 2014/59/EU of the European Parliament and…
- 4. For investment firms subject to the initial capital requir…
- 5. Competent authorities shall identify and quantify material…
- 6. The capital considered adequate to cover the risk of disor…
5.Competent authorities shall identify and quantify material costs, risks or elements of risks and shall determine the capital considered adequate to absorb them in accordance with paragraphs 1 and 2 of this Article.Competent authorities shall use the relevant indicative qualitative metrics referred to in Article 6(1) and shall combine them with static and historical trend analysis, delivering their expert judgement as appropriate.
Source: EUR-Lex, © European Union, 1998-2026. Reuse authorised under Decision 2011/833/EU.