Examples of using Internal models in English and their translations into Slovak
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Colloquial
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Official
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Medicine
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Financial
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Ecclesiastic
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Official/political
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Computer
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Programming
(2) Such an undertaking may use partial internal models for the calculation of one or more of the following.
Despite a pro-active approach, EIOPA has not received sufficient information about any of the five largest internal models that it prioritised for its work.
We found a number of systematic challenges with regard to supervision of cross-border businesses and internal models.
institutions should therefore generally seek to implement internal ratings-based approaches or internal models.
This will make it possible to timely start the supervisory approval procedures e g for internal models and undertaking specific parameters.
Delegated acts and implementing technical standards concerning the Solvency Capital Requirement internal models.
Accordingly, this directive will strengthen the capital requirements based on internal models in several respects.
rather than EIOPA, remain responsible for the oversight of internal models.
(8) The Board-regulated institution's internal models must conservatively assess the risks arising from less liquid positions
We each have internal models of parents, children
The solvency capital requirement can be calculated using the standard method or using internal models as respectively specified in subsections II and III.
Supervising internal models is a highly complex and resource-intensive process,
However, NCAs stated that they have very different levels of staff for supervising internal models and EIOPA confirmed this during its visits.
had insufficient resources and expertise to supervise internal models adequately, which highlights the importance of EIOPA's work in this area.
Most NCAs in our survey felt that EIOPA's staffing for internal models oversight could be improved.
This was particularly important because NCAs themselves had limited resources for supervising internal models, particularly due to the considerable demands of the job.
The advanced approaches are more costly to implement as they are based on internal models designed by the institutions.
Competent authorities shall grant permission for an institution to use the internal models approach set out in Article 155(4)
Due to their impact on the protection of policyholders and financial stability, and the challenges they pose to supervisors, internal models are a crucial area,