Examples of using The internal model in English and their translations into Slovak
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Financial
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Colloquial
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Official
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Medicine
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Ecclesiastic
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Official/political
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Computer
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Programming
Insurance and reinsurance undertakings shall demonstrate that the internal model is widely used in
namely institutions shall demonstrate that the internal model is sensitive to material idiosyncratic differences between similar
(1) An insurance undertaking shall demonstrate that the internal model is widely used in
This means that institutions shall demonstrate that the internal model is sensitive to material idiosyncratic differences between similar
(a) For the interest-rate risks, the internal model using a set of risk factors corresponding to the interest rates in each currency in which the company has interest rate sensitive on-balance-sheet and off-balance-sheet positions.
Insurance or reinsurance undertakings further demonstrate that the frequency at which the solvency capital requirement is calculated using the internal model is consistent with the frequency at which their internal model is used for other purposes referred to in paragraph 1.
other risks arising from the use of risk mitigation techniques are properly reflected in the internal model.
If the credit institution has received a permission to use the internal model for the calculation of market risk capital requirement- the results of stress test performed in accordance with EU Regulation No 575/2013;
operations of the internal model, and that the internal model continues to appropriately reflect the risk profile of the undertaking.
(2) In addition, the undertaking shall demonstrate that the frequency of calculation of the Solvency Capital Requirement using the internal model is consistent with the frequency with which it uses its internal model for the other purposes covered by paragraph(1).
In addition, institutions that obtain approval to use the revised internal model approach of the FRTB framework for reporting purposes should also report the calculation under the internal model approach three years after its full operationalisation.
other risks arising from the use of risk mitigation techniques are taken into account adequately in the internal model.
operations of the internal model, and that the internal model continues to appropriately reflect the risk profile of the insurance and reinsurance undertakings concerned.
January 2022, the internal model approach set out in Chapter 1b of this Title only for those positions assigned to trading desks for which the institution has been granted a permission by competent authorities to use that approach as set out in Article 325ba;
In addition, insurance and reinsurance undertakings shall demonstrate that the frequency of calculation of the Solvency Capital Requirement using the internal model is consistent with the frequency with which they use their internal model for the other purposes covered by the first paragraph.
an institution may determine the exposure value for the following items using the Internal Model Method set out in Section 6.
Non-compliance of the internal model.