European Commission 21 January 2014, Commission Delegated Regulation (EU) No 342/2014 of 21 January 2014 supplementing Directive 2002/87/EC of the European Parliament and of the Council and Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the application of the calculation methods of capital adequacy requirements for financial conglomerates Text with EEA relevance

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European Union · · · Cited by 75 · 21-01-2014

CHAPTER I. SUBJECT MATTER AND DEFINITIONS
Article 1. Subject matter
Article 2. Definitions
CHAPTER II. TECHNICAL PRINCIPLES
Article 3. Elimination of multiple gearing and the intra-group creation of own funds
Article 4. Transferability and availability of own funds
Article 5. Sector specific own funds
Article 6. Deficit of own funds at the financial conglomerate level
Article 7. Consistency
Article 8. Consolidation
Article 9. Solvency requirement
Article 10. The financial conglomerate's own funds and solvency requirements
Article 11. Treatment of cross sector holdings
Article 12. Notional own funds and notional solvency requirements for non-regulated financial sector entities
Article 13. Sectoral transitional and grandfathering arrangements
CHAPTER III. TECHNICAL CALCULATION METHODS
Article 14. Specification of technical calculation under method 1 pursuant to Directive 2002/87/EC
Article 15. Specification of technical calculation under method 2 pursuant to Directive 2002/87/EC
Article 16. Specification of circumstances for the use of Method 3 pursuant to Directive 2002/87/EC
CHAPTER IV. FINAL PROVISIONS
Article 17. Entry into force

3.4.2014

Official Journal of the European Union

L 100/1

COMMISSION DELEGATED REGULATION (EU) No 342/2014

of 21 January 2014

supplementing Directive 2002/87/EC of the European Parliament and of the Council and Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for the application of the calculation methods

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