the institution takes a commitment to apply the across a material part of its operations within a time schedule that was submitted to and approved by its competent authorities.

the credit institution takes a commitment to roll out the across a material Part of its operations within a time schedule agreed with its competent authorities.

In order not to discourage credit institutions from moving to the Internal Ratings Based Approach (the IRB Approach) or Advanced Measurement Approaches for calculating the capital requirements during the transitional period due to unreasonable and disproportionate implementation costs, it should be possible to allow credit institutions which have moved to the IRB Approach or since 1 January 2010 and which have previously calculated their capital requirements in accordance with other less sophisticated approaches, subject to supervisory approval, to use the less sophisticated approaches as the basis for the calculation of the transitional floor.

More particularly, the purpose of developing draft technical standards in relation to the Internal Ratings Based approach, the and the internal model for market risk approach, as provided for by this Directive, should be to ensure the quality and robustness of such approaches, as well as the consistency of their review by the competent authorities.

On a case-by case basis, the competent authority may impose the following additional conditions:(a) on the date of implementation of an Advanced Measurement Approach, a significant part of the credit institution's operational risks are captured by the ; and

Use of the to operational risk

For institutions that want to use an in combination with either the Basic Indicator Approach or the Standardised Approach competent authorities shall impose the following additional conditions for granting permission:

An institution may use an in combination with either the Basic Indicator Approach or the Standardised Approach, where both of the following conditions are met:

A credit institution may use an in combination with either the Basic Indicator Approach or the Standardised Approach, subject to the following conditions:(a) all operational risks of the credit institution are captured.

USE OF AN IN COMBINATION WITH OTHER APPROACHES

APPLICATION TO USE AN ON A GROUP-WIDE BASIS

Where an EU parent credit institution and its subsidiaries or the subsidiaries of an EU parent financial holding company use an on a unified basis, the competent authorities may allow the qualifying criteria set out in Annex X, Part 3 to be met by the parent and its subsidiaries considered together.

Where an EU parent credit institution and its subsidiaries or the subsidiaries of an EU parent financial holding company or an EU parent mixed financial holding company use an on a unified basis, the competent authorities may allow the qualifying criteria set out in Part 3 of Annex X to be met by the parent and its subsidiaries considered together.’;

When a credit institution first moves to an , a three-year historical observation period is acceptable.

On a case-by case basis, the competent authority may impose the following additional conditions:(a) on the date of implementation of an , a significant part of the credit institution's operational risks are captured by the Advanced Measurement Approach; and

on the date of implementation of an , a significant part of the institution's operational risks are captured by that Approach;

significant penalties and exceptional measures taken by competent authorities in accordance with this Directive, including the imposition of a specific own fund requirement under Article 104 and the imposition of any limitation on the use of the for the calculation of the own funds requirements under Article 312(2) of Regulation (EU) No 575/2013.

significant penalties or exceptional measures taken by competent authorities, including the imposition of a specific own funds requirement under Article 104 and the imposition of any limitation on the use of the for the calculation of the own funds requirements under Article 312(2) of Regulation (EU) No 575/2013.

major sanctions and exceptional measures taken by competent authorities in accordance with this Directive, including the imposition of an additional capital charge under Article 136 and the imposition of any limitation on the use of the for the calculation of the own funds requirements under Article 105.

major sanctions or exceptional measures taken by competent authorities, including the imposition of an additional capital charge under Article 136 and the imposition of any limitation on the use of the for the calculation of the own funds requirements under Article 105.