Examples of SREP element in a sentence
Where monitoring reveals a material change in the risk profile of the institution, or any anomalies in the indicators, competent authorities should investigate the causes, and, where relevant, review the assessment of the relevant SREP element in light of the new information.
In particular, the assessment of governance and ICT strategy performed in accordance with Title 2 of these Guidelines should result in findings that inform the summary of findings of the assessment of internal governance and institution-wide controls element of SREP as specified in Title 5 of the EBA SREP Guidelines and be reflected the respective scoring of that SREP element.
Where monitoring reveals a material change in the risk profile of the investment firm, or any anomalies in the indicators, competent authorities should investigate the causes, and, where relevant, review the assessment of the relevant SREP element in light of the new information.
In connection with a specific SREP element, the business model analysis (BMA), progress was achieved in the identification and assessment of material business lines, product lines and entities, including refinement of the benchmarking with relevant peers.
These guidelines introduce two types of scores: (1) risk scores to be applied to individual risks to capital, liquidity and funding that indicate the likelihood that the risk will have a significant prudential impact on the investment firm (including potential loss), and (2) viability scores to be applied to the four SREP elements and overall SREP score that indicate the magnitude of risk to the investment firm’s viability stemming from a SREP element assessed (see also Figure 2).
However, a deeper review of this SREP element needs to be performed by the EBA in order to evaluate supervisory convergence in this area.
If a constant rate of evolution occurs between lineages, then the sequence data represented in a tree, where branch length differences represent sequence divergence, should not be significantly different from an ultrametric tree, where the tips of the tree are equidistant from the root (Gaunt and Miles 2002).
These revenue assumptions were based on a review of local and regional market data,including information on the type of development that has been recently constructed or is planned or proposed in Santa Rosa; and recent sales prices and current rental rates of recently built (or sold) development in Santa Rosa and neighboring cities.
The assessment of the respective SREP element and the overall SREP assessment shall be subsequently updated without undue delay.
In particular, they can be triggered by material changes or anomalies identified in the monitoring of key indicators performed as part of SREP, even before the assessment of the respective SREP element is updated.