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Question 1:How should we interpret article 166 and 167 in the DR and 1.14 in guideline 4? Is it enough to recalculate the value of the bond based on e.g. five different maturities, say 2Y, 5Y, 10Y, 20Y and 30Y, where the key rate sensitivities are divided into these buckets, or is it necessary to...

According to Delegated Acts Article 180 (2)(b) exposures to Member States’ central government funded in the domestic currency of that central government are assigend a risk factor stress_i of 0% for Spread Risk.What is the exact definition of ‘Member State’ in this context?- All countries that are...

Article 191 para 2 referes to small or medium sized enterprises. What is the definiton of medium sized enterprise?

In Romania, the Civil Code (CC) defines and regulates insurance contract. CC provides an article which give the right to insurers to ‎cancel unilateral the contracts (without any reason) as long as they give a notice period of 20 days."CC - CHAPTER XVI - Insurance contractUnilateral termination of...

As it stands, article 18-5 of the Delegated acts is subject to different interpretations, because of the somewhat awkward structure of its long sentence.The following reordering of some elements of the sentence would greatly improve the understanding. Could you confirm it should be read according...

How can the validation process be performed?

How can a process involving external experts be designed for INDIRECT INVESTMENTS (i.e. via fund) and is it considered outsourcing?

We have a technical query we were hoping you could assist with. We are in the process of considering whether to acquire 100% of the shares of an unlisted non-insurance undertaking, which will then be held as a subsidiary of the Company. We would like to clarify the treatment of this investment in...

Article 163 of COMMISSION DELEGATED REGULATION (EU) 2015/35 of 10 October 2014 refers to «Nc [which] denotes the number of insured persons of insurance and reinsurance undertakings ».This article does not specify when the number of insured persons should be counted (at the end of the financial...