Article 7 | Delegated Regulation 342/2014 | judict

Updated 03/12/2024

Metadata

In force

Initial Legal Act

Amendments

Related documents

BaFin (DE) (0)

Central Bank of Ireland (IE) (0)

ESMA (0)

EIOPA (0)

EBA (0)

European Central Bank (0)

DG FISMA (0)

Search within this legal act

CRR Tool Delegated Regulation 342/2014

Article 7

Article 7 - Consistency

Article 7

Consistency

The regulated entities or the mixed financial holding company in a financial conglomerate shall apply the calculation method in a consistent manner over time.

Table of contents

CHAPTER I - SUBJECT MATTER AND DEFINITIONS (Article 1-2)

CHAPTER II - TECHNICAL PRINCIPLES (Article 3-13)Article 3 - Elimination of multiple gearing and the intra-group creation of own funds Article 4 - Transferability and availability of own funds Article 5 - Sector specific own funds Article 6 - Deficit of own funds at the financial conglomerate level Article 7 - Consistency Article 8 - Consolidation Article 9 - Solvency requirement Q&A Article 10 - The financial conglomerate's own funds and solvency requirements Article 11 - Treatment of cross sector holdings Article 12 - Notional own funds and notional solvency requirements for non-regulated financial sector entities Article 13 - Sectoral transitional and grandfathering arrangements

CHAPTER III - TECHNICAL CALCULATION METHODS (Article 14-16)

CHAPTER IV - FINAL PROVISIONS (Article 17)