{
  "url": "https://openlegislation.uk/eu-regulation-2017-180/article-6",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-180/article-6.json",
  "legislation": "eur/2017/180",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/180 of 24 October 2016 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards for benchmarking portfolio assessment standards and assessment-sharing procedures (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-180",
  "path": "article/6",
  "kind": "article",
  "number": "6",
  "heading": "Assessment standards",
  "text": "1. When carrying out the assessment referred to in Article 3(1) of this Regulation, competent authorities shall assess the compliance of institutions with the requirements of Implementing Regulation (EU) 2016/2070, where institutions have exercised the option of Article 3(2) of that Implementing Regulation in order to submit more limited reporting under that Implementing Regulation. Competent authorities shall do so by confirming the rationale and justification behind any limitations in the reporting that these institutions have provided under that Implementing Regulation.\n2. When carrying out the assessment referred to in Article 3(1), competent authorities shall investigate the reasons for the significant and systematic underestimation and for the high or low diversity in the own funds requirements referred to in that paragraph, as follows:\n(a) for assessments relating to credit risk approaches, by applying the standards referred to in Articles 7 and 8;\n(b) for assessments relating to market risk approaches, by applying the standards referred to in Articles 9 to 11.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/180/article/6",
    "retrieved_at": "2026-11-01T14:45:13.018996+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}