OpenLegislation

Division 14 Changes in the IT environment, including any of the following:F1

United Kingdom

Original text. Later amendments are not shown.

  1. (a)

    changes to the IT system, which result in amendments in the calculation procedure of the internal model;

  2. (b)

    applying vendor pricing models;

  3. (c)

    outsourcing of central data collection functions.

Annotations

Textual amendments

F1

Inserted by Commission Delegated Regulation (EU) 2015/942 of 4 March 2015 amending Delegated Regulation (EU) No 529/2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards regulatory technical standards for assessing the materiality of extensions and changes of internal approaches when calculating own funds requirements for market risk (Text with EEA relevance).