Notification before setting a capital add-on
the setting of a capital add-on set out in Article 232
The supervisory authority shall notify in writing its decision to set a capital add-on to the insurance or reinsurance undertaking.
(g) the setting of a capital add-on set out in Article 232;
the setting of a capital add-on set out in Article 232;
The Commission shall adopt delegated acts in accordance with Article 301a laying down further specifications for the circumstances under which a capital add-on may be imposed.
Where the risk profile of the group is not adequately reflected, a capital add-on to the consolidated group Solvency Capital Requirement may be imposed.
The Commission shall adopt implementing measures laying down further specifications for the circumstances under which a capital add-on may be imposed and the methodologies for the calculation thereof.
Review of the capital add-on
Maintaining, changing or removing the capital add-on
Amount of the total diversified SCR before any capital add–on.
Supplementary capital requirement for an individual mortgage loan
Solvency capital requirement excluding capital add–on
This publication is accompanied by a concise information as to the reason for which the Bank has imposed this requirement of additional capital.
Under article 323, § 2, the Bank may impose an additional capital requirement in addition to the solvency capital requirement of that insurance undertaking or of reinsurance resulting from the application of the standard formula.
When the Group's risk profile is not sufficiently taken into account, an additional capital requirement in addition to the solvency capital requirement of the Group on a consolidated basis may be imposed.
The Commission shall adopt implementing measures laying down further specifications for the circumstances under which a capital add-on may be imposed and the methodologies for the calculation thereof.
The Solvency Capital Requirement including the capital add-on imposed shall replace the inadequate Solvency Capital Requirement.
the date from which the capital add-on is applicable
the reasons for setting the capital add-on
the methodology for calculating the capital add-on and the amount of the capital add-on
However, where the standardised approach does not adequately reflect the very specific risk profile of an undertaking the capital add-on may remain over consecutive years.
It is also necessary to provide for a procedure to review decisions on capital add-on if there is a material change in the circumstances that led to the setting of the capital add-on.
The total amount required for an individual mortgage loan is the sum of the base total requirement for the mortgage loan and, if applicable, a supplementary capital requirement.
Following the supervisory review process supervisory authorities may in exceptional circumstances set a capital add-on for an insurance or reinsurance undertaking by a decision stating the reasons.
Requêtes fréquentes français :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
Requêtes fréquentes anglais :1-200, -1k, -2k, -3k, -4k, -5k, -7k, -10k, -20k, -40k, -100k, -200k, -500k, -1000k,
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