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Art. 199, 6.) and 7.) describes the cases where a 0.5% PD can be used, e.g. for a regulated (re)insurance in a third country with equivalent solvency regime or in country in the EU and for which an ECAI rating does not exist. For those cases we set the Solvency Ratio to 100%, which is equivalent...

Article 117 (3) mentions an adjustment for non proportional reinsurance. Is it possible to apply this adjustment even if no proportional reinsurance is in place?

How can the validation process be performed, which data source should be used?

How can a process involving external experts be designed with regard to DIRECT INVESTMENTS and is it considered outsourcing?

In the Delegated Regulation article 206(2) it is stated that net SCR should be calculated on module or sub-module level.For the market risk this seems to imply that the amount of FDB can be subtracted from each of the subrisks listed in article 164(1) (interest rate, equity, property, spread...

In Article 180, section 12, what are the risk factors assigned to an exposure that: - relates to a qualifying infrastructure investment that meets the criteria set out in Article 164a - is assigned to a matching adjustment portfolio in accordance with Article 77b(2) of Directive 2009/138/EC - has...

In determining the Own Funds available to cover the Group's SCR, Article 330 (1)(a) and (b) requires us to consider whether any regulatory restrictions might prevent the own funds being transferred to another entity or otherwise used to cover losses elsewhere in the group.Article 100 of the...

Which capital requirement for credit, investment firms and financial institution should be included when calculating the consolidated group SCR according to Article 336 in the Delegated Regulation 2015/35?According to DR Article 336 c, the proportional share of the capital requirements for credit...

The final report on Guidelines on valuation of assets and other liabilities had an Annex (Table: Consistency of IFRS Valuation with Article 75 of the Directive) that detailed whether IFRSs / IASs where or not consistent with SII. It did go into Leasing standard (IAS17). So you are right that the...