Updated 20/11/2024
In force

Version from: 09/07/2024
Amendments (1)
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Article 325ar - Correlations across buckets for equity risk

Article 325ar

Correlations across buckets for equity risk

The correlation parameter γbc shall apply to the aggregation of sensitivities between different buckets.

It shall be set in relation to the buckets of Table 8 in Article 325ap as follows:

(a) 

15 % where the two buckets fall within bucket numbers 1 to 10;

(b) 

0 % where either of the two buckets fall within bucket number 11;

(c) 

75 % where the two buckets fall within bucket number 12 and 13;

(d) 

45 % otherwise.