Beidh úsáid an Chuir Chuige bunaithe ar a Mheastacháin Féin faoi réir na gcoinníollacha agus na gceanglas céanna is infheidhme faoin Modh Cuimsitheach Comhthaobhach Airgeadais.
The use of the Own Estimates Approach shall be subject to the same conditions and requirements as apply under the Financial Collateral Comprehensive Method.
Féadfaidh institiúidí coigeartuithe luaineachta a ríomh tríd an gCur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta dá dtagraítear in Airteagal 224 nó tríd an gCur Chuige bunaithe ar a Meastacháin Féin dá dtagraítear in Airteagal 225 a úsáid.
Institutions may calculate volatility adjustments either by using the Supervisory Volatility Adjustments Approach referred to in Article 224 or the Own Estimates Approach referred to in Article 225.
Mar sin féin, i gcás ina n-úsáideann institiúid an Cur Chuige bunaithe ar a Meastacháin Féin, déanfaidh sí amhlaidh do raon iomlán na gcineálacha ionstraime, gan punanna neamhábhartha a áireamh mar a bhféadfaidh sí an Cur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta a úsáid.
However, where an institution uses the Own Estimates Approach, it shall do so for the full range of instrument types, excluding immaterial portfolios where it may use the Supervisory Volatility Adjustments Approach.
Déanfaidh institiúidí a úsáideann an Cur Chuige bunaithe ar a Meastacháin féin luaineacht na comhthaobhachta nó na neamhréire malairte eachtraí a mheas gan comhghaoil ar bith idir an t-urrús neamhurraithe, an chomhthaobhacht nó rátaí malairte a chur san áireamh.
Institutions using the Own Estimates Approach shall estimate volatility of the collateral or foreign exchange mismatch without taking into account any correlations between the unsecured exposure, collateral or exchange rates.
Nuair a ríomhann institiúidí "luach na risíochta lánchoigeartaithe" (E*) maidir leis na risíochtaí atá faoi réir máistir-chomhaontú glanluachála incháilithe ina gcuimsítear idirbhearta athcheannaigh nó idirbhearta maidir le hurrúis nó tráchtearraí a iasachtú nó a fháil ar iasacht nó idirbhearta caipitil eile atá faoi thionchar an mhargaidh, ríomhfaidh siad na coigeartuithe luaineachta is gá dóibh a chur i bhfeidhm tríd an gCur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta nó tríd an gCur Chuige bunaithe ar a Meastacháin Féin maidir le Coigeartuithe Luaineachta a úsáid ("Cur Chuige bunaithe ar a Meastacháin Féin") arna leagan amach in Airteagail 223 go 226 maidir leis an Modh Cuimsitheach Comhthaobhach Airgeadais.
When institutions calculate the "fully adjusted exposure value" (E*) for the exposures subject to an eligible master netting agreement covering repurchase transactions or securities or commodities lending or borrowing transactions or other capital market-driven transactions, they shall calculate the volatility adjustments that they need to apply either by using the Supervisory Volatility Adjustments Approach or the Own Estimates Volatility Adjustments Approach ("Own Estimates Approach") as set out in Articles 223 to 226 for the Financial Collateral Comprehensive Method.
Mar mhalairt ar an gCur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta nó ar an gCur Chuige bunaithe ar a Meastacháin Féin a úsáid chun luach na risíochta lánchoigeartaithe a ríomh (E*) a thig ó mháisitir-chomhaontú glanluachála incháilithe a chur i bhfeidhm ag cuimsiú idirbheart athcheannaigh nó idirbheart maidir le hurrúis nó tráchtearraí a iasachtú nó a fháil ar iasacht nó idirbheart caipitil eile atá faoi thionchar an mhargaidh seachas idirbhearta díorthach, féadfaidh institiúidí, faoi réir chead na n-údarás inniúil, cur chuige na samhlacha inmheánacha a úsáid ina gcuirtear san áireamh éifeachtaí comhghaolaithe idir na suímh urrúis atá faoi réir an mháistir-chomhaontaithe glanluachála mar aon le leachtacht na n-ionstraimí lena mbaineann.
Subject to permission of competent authorities, institutions may, as an alternative to using the Supervisory Volatility Adjustments Approach or the Own Estimates Approach in calculating the fully adjusted exposure value (E*) resulting from the application of an eligible master netting agreement covering repurchase transactions, securities or commodities lending or borrowing transactions, or other capital market driven transactions other than derivative transactions, use an internal models approach which takes into account correlation effects between security positions subject to the master netting agreement as well as the liquidity of the instruments concerned.
Mar sin féin, i gcás ina bhféachann institiúid le cur chuige na samhlacha inmheánacha a úsáid, déanfaidh sí amhlaidh i gcás gach contrapháirtí agus gach urrúis, gan punanna neamhábhartha a áireamh i gcás ina bhféadfaidh sí an Cur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta nó an Cur Chuige bunaithe ar a Meastacháin Féin a leagtar síos in Airteagal 220 a úsáid.
However, where an institution seeks to use an internal models approach, it shall do so for all counterparties and securities, excluding immaterial portfolios where it may use the Supervisory Volatility Adjustments Approach or the Own Estimates Approach as laid down in Article 220.
Féadfaidh institiúid an Cur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta nó an Cur Chuige bunaithe ar a Meastacháin Féin a úsáid is cuma cé acu an Cur Chuige Caighdeánaithe nó an Cur Chuige IBR atá roghnaithe acu chun na méideanna risíochta a ualaítear ó thaobh priacal a ríomh.
An institution may choose to use the Supervisory Volatility Adjustments Approach or the Own Estimates Approach independently of the choice it has made between the Standardised Approach and the IRB Approach for the calculation of risk-weighted exposure amounts.
I gcás idirbheart athcheannaigh agus idirbheart maidir le hurrúis a iasachtú nó a fháil ar iasacht, i gcás ina n-úsáideann institiúid an Cur Chuige Maoirseachta maidir le Coigeartuithe Luaineachta faoi Airteagal 224 nó an Cur Chuige bunaithe ar a Meastacháin Féin faoi Airteagal 225 agus i gcás ina gcomhlíontar na coinníollacha a leagtar amach i bpointí (a) go (h) de mhír 2, féadfaidh institiúidí coigeartú luaineachta 0 % a chur i bhfeidhm in ionad na gcoigeartuithe luaineachta arna ríomh faoi Airteagail 224 go 226 a chur i bhfeidhm.
In relation to repurchase transactions and securities lending or borrowing transactions, where an institution uses the Supervisory Volatility Adjustments Approach under Article 224 or the Own Estimates Approach under Article 225 and where the conditions set out in points (a) to (h) of paragraph 2 are satisfied, institutions may, instead of applying the volatility adjustments calculated under Articles 224 to 226, apply a 0 % volatility adjustment.
Bunóidh institiúidí na coigeartuithe luaineachta le haghaidh neamhréire airgeadra ar bith ar thréimhse leachtaithe 10 lá gnó, ag glacadh leis go ndéantar athluacháil laethúil, agus féadfaidh siad iad a ríomh bunaithe ar an gcur chuige Maoirseachta maidir le Coigeartuithe Luaineachta nó ar an gCur Chuige bunaithe ar a Meastacháin Féin mar a leagtar amach in Airteagal 224 agus Airteagal 225 faoi seach.
Institutions shall base the volatility adjustments for any currency mismatch on a 10 business day liquidation period, assuming daily revaluation, and may calculate them based on the Supervisory Volatility Adjustments approach or the Own Estimates Approach as set out in Articles 224 and 225 respectively.