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Division STEP 5 Calculation of the Composite IndicatorF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. 1The resolution authority shall aggregate the indicators i within each pillar j through a weighted arithmetic average by applying the following formula:
  2. 2In order to compute the composite indicator, the resolution authority shall aggregate the pillars j through a weighted geometric average by applying the following formula:
  3. 3The resolution authority shall apply the following transformation in order for the final composite indicator to be defined as taking higher values for institutions with higher risk profiles:

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Textual amendments

F1

Regulation revoked (31.12.2020) by The Bank Recovery and Resolution and Miscellaneous Provisions (Amendment) (EU Exit) Regulations 2018 (S.I. 2018/1394), regs. 1(2), 6(a); 2020 c. 1, Sch. 5 para. 1(1)