Financial and capital market Commission, the provisions of regulations No 314 Riga, 13 November 2010 (pr. No 44 p. 7)
The amendments to the "minimum capital requirements rules" Issued in accordance with the law of credit institutions, article 35 of the sixth and sixth article 50.8 and financial instruments market law article 121 second and eighth and sixth article 123.3 to make financial and capital market Commission on 2 May 2007 the provisions of regulations No 60 "minimum capital requirements rules" (hereinafter-the rules) the following amendments: 1. Replace the entire text and annexes the word "Euro" with the word "Euro".
2. Make the following paragraph 84: "84. Body constantly provides the same capital amount that is not less than that referred to in paragraph 73 of the capital requirements."
3. Make the following paragraph 97.6: "97.6. claims or contingent claims on institutions;".
4. Make the following paragraph 97.14: "such short-term 97.14. claims on corporates, which are available to eligible and nominated ECAIs short-term ratings;".
5. Make the following paragraph 98.3: "total claim amount 98.3. against each such customer or customer group of related authorities, authorities of the subsidiary company, its parent company and the parent company's other subsidiaries, including any past due exposure, but not taking into account the housing mortgage hedge exposures, as far as it is known, does not exceed eur 1 million. The authority shall take reasonable measures (reasonable steps) to obtain such information; ".
6. To express the point of 101.1 as follows: "101.1 Vērtspapirizēšan position including only investment vērtspapirizēšan instruments which comply with the requirements of paragraph 124.1."
7. Make a point following 124.1: "Vērtspapirizēšan position including 124.1 of the investment vērtspapirizēšan instruments, which meet all the following requirements: 124.11. originator, sponsor or original lender has clearly informed the authority that it constantly save substantial net economic interest. The net economic interest in the criteria of significance and saving the constancy of 14 of these rules are laid down in the annex;
124.12. before and after the appropriate investment authority could, for each of the positions of the vērtspapirizēšan show the Commission that it is comprehensive and thorough information and understanding about the nature of the position of vērtspapirizēšan and related risks and has put in place policies and procedures that are suitable for commercial and non-trading book and commensurate with the investment vērtspapirizēt positions to its risk profile, analyze and document. The minimum range of issues about which institution should be comprehensive and thorough information and understanding in the field of vērtspapirizēšan, this provision is laid down in annex 14.
124.13. the authority shall at regular intervals carry out vērtspapirizēšan positions appropriate stress tests. The authority may carry out stress tests, relying on ECAIs developed financial models, provided that the authority may, at the request of the Commission to show that it is of sufficient care approved the model assumptions and their structure, as well as understand the methodology, assumptions and results. "
8. paragraph 139 of the expression as follows: "the requirements that create 139. when purchasing the IFA, which comply with the provisions of annex 2 of part 1 of the criteria of paragraph 15.2, and authority is known to hold all or part of the Investment Fund's actual investment structure, risk-weighted value and PZ is the amount calculated on the actual contribution of each according to this part-147.111 methods set out in paragraph 1. 140. These provisions or paragraph 141, the method set out in the applicable part of it IF that's the actual investment information or the body is not justified in not an option to get it, or its acquisition is unreasonably difficult to provide that IF a part of the exposure risk weighted and PZ. If IF does not satisfy this provision 2 of part 1 of annex 15.2. the criteria, but the authority is aware of the actual fund investment structure, then this Fund IF the risk weighted value and PZ is calculated as follows: 139.1. actual capital investment securities which comply with the provisions referred to in paragraph 120.5 exposure class, the risk weighted value and PZ shall be calculated in accordance with the provisions of part 1 of annex 6, 19-21. the above approach. If for this purpose, the authority could not split the investment of BT capital securities capital securities, BNT that portfolio is diversified, and the rest of the capital securities, it equates all actual investment in equity securities of other equity securities. If such securities together with direct investments in such institution capital securities is important in accordance with the provisions of paragraph 149 of the criteria, the authority may ask the Commission for permission to equate the actual investment in the rest of the equity securities equity securities capital requirement purposes;
139.2. all other investment fund's actual investment risk weighted value is determined by using the SP with the following adjustments: 139.2.1. actual investments are broken down into the categories of exposures to the SP and exposures with the highest degree of risk in their category, or exposures that do not fit in the ECAI rating, the degree of risk is multiplied by 2. If the calculated risk more than 1 250 percent, then 1 250 percent risk;
139.2.2. other actual contribution applicable to the degree of risk multiplied by 1.1, but it must not be lower than 5 percent. "
9. Make the following paragraph 148.4: "148.4. exposures to central Governments of the Member States and their regional or local governments, or administrative authorities which exposures using SP credit risk for calculating capital requirements, a 0 percent risk;".
10. Express 163.1 point as follows: "initiator and sponsor of 163.1 may apply this rule 162.163. point and and turn off the vērtspapirizēto of the exposures from the calculation of the capital requirements, if it vērtspapirizēt the exposures shall be subject to the same safe and clearly defined criteria for issuing credit, as well as apply the same processes for approval of credit and, where appropriate, amendments, renewals and refinancing that is adequate for the exposures that must be the same institution portfolio. "
11. Make a point following 165.1:165.1 exposures ", forming a vērtspapirizēšan position, but does not satisfy this provision, or point 124.1 in cases where the Commission finds that the authorities of negligence or omission does not comply with this provision, the Commission requirements 124.1 proportionally increases the risk of not less than 250 percent of the amount of risk that would have been determined such transactions in accordance with the provisions of annex 4. and gradually increase the level of risk each time is violated or not resolved previously identified non-compliance with the requirements of this provision. Following a certain degree of risk does not exceed 1 250 percent. In determining the level of risk increases, the Commission takes into account this provision 14.6 and 7 of the annex referred to exemptions in respect of certain transactions. "vērtspapirizēšan
12. Express of 182.2 as follows: 182.2. "If a counterparty (the protection buyer, hereinafter referred to as the protection buyer) shall transfer (sell) the credit risk, heading down the seller's position as a mirror image (mirror image), except with the credit risk linked securities (a credit linked notes) which do not form the issuer's short position. If under of the credit derivative terms in a certain period of time you allow the seller sold credit repurchase (call options) and this ability remains throughout the subsequent period of protection, then this term is considered the term of protection. With regard to the first and n-so the default credit derivative protection buyer positions do not apply to the determination of the protection seller's mirror image, but fix it: 182.2.1. If the authority is a protection buyer and credit risk transfer it first uses the default (a first-asset-to-default) credit derivatives, the authority receives the credit protection instruments in the derived quantity, the reference company debt and the first reference company in the event of default of payment received. While this credit event shall terminate the derivative contract. In the case of such protection, the authority is authorized to exclude the reference shows the company specific risk capital requirements that apply to the debt the lowest specified in table 2 of the weighing;

182.2.2. If the authority is a protection buyer and credit risk transfer it using the nth occurrence of default credit derivatives, and the payment will be made only to n-at the default case, the authority is authorized to exclude the relevant reference company debt risk capital requirements, if it is a credit to the other protection from first to default n-1 or n-1 default cases have already occurred. Specific risk capital requirements for the determination of the use of this provision in paragraph 182.2.1. "
13. Express table 2 as follows: "table 2. Debt securities specific risk capital requirement calculation used in weighing rate no PO box category of weighing rate (%)
1. Debt securities, which is the Central Government guarantee, or the Central Government, central bank, international development banks, regional and local governments and public authorities debt securities subject to quality grade 1 or 0 percent risk according to SP credit risk for calculating capital requirements 0.00 2. Debt securities issued or guaranteed by central Governments, issued by central banks, international organizations, international development banks or Member States ' regional or local government to which 2 or 3 quality grade according to SP credit risk for calculating capital requirements; debt securities issued or guaranteed by institutions which apply 1 or 2 quality grade according to SP credit risk for calculating capital requirements; debt securities issued or guaranteed by commercial companies, subject to 1, 2 or 3 according to the degree of quality SPA credit risk for calculating capital requirements; other qualified debt securities that meet the rule requirements of paragraph 194 0.25 (residual maturity of six months or less) 1.00 (residual maturity of more than six months and for up to 24 months, including) 1.60 (residual maturity exceeding 24 months) 3. Debt securities, which are issued by or guaranteed by central Governments, issued by central banks, international organizations, international development banks or Member States ' regional or local government with 4 or 5 quality grade according to SP credit risk for calculating capital requirements; debt securities issued or guaranteed by institutions subject to the 3, 4, and 5. quality level according to the SP credit risk capital requirement calculation. debt securities issued or guaranteed by a company to which the quality level 4 according to the SP credit requirements for the calculation of risks which are not suitable for the ECAI credit assessment 8.00 4. Debt securities issued or guaranteed by central Governments, issued by central banks, international organizations, international development banks or Member States ' regional or local governments or authorities to which the quality level 6 according to SP credit risk for calculating capital requirements; debt securities, which are issued by or guaranteed by a company to which the quality or 6.5 degree according to the SP credit requirements for the calculation of 12.00 ".
14. Express of 236.5 as follows: "If the credit 236.5. derivative included in the trading book forms part of internal hedging transaction and the credit protection is recognised, believes that a credit derivative is not subject to counterparty risk. The authority may also include all trading portfolio fit the credit derivatives counterparty credit risk in the calculation of capital requirements, irrespective of whether they constitute internal risk limits or purchased from third parties against the DPKR. "
15. Express in paragraph 245 first sentence by the following: "245. Ifa include open foreign currency position calculation, taking into account the Fund's actual foreign currency positions."
16. To complement the table row "9. Mediation Services to individuals or SMES (transactions with individuals or SMES that meet this provision in paragraph 98-99)" 2. column with text by the following: "card (such as a credit card or debit card) and room service, URt.sk., if the contract is for the card issuance and servicing is concluded with a corporate client".
17. To complement the table row "9. Charges and payment" column 2 with text by the following: "card (such as a credit card or debit card) clearing operations to third parties".
18. in paragraph 316 of the following expressions: "316. Calculation of capital requirements for operational risk can be recognised: 316.1. operational risk mitigation insurance used to effect, subject to this provision the requirements of paragraphs 317;
316.2. operational risk mitigation used other tools that do not have insurance (hereinafter referred to as the other instruments), effects, subject to this provision, if the requirements of point 317.1 thus achieved significant operational risk mitigation effect.
Operational risk capital requirements reduction the reduction applied to the operational risk insurance and other tools due to the impact of the recognition may not exceed 20 percent of the estimated operational risk capital requirements prior to operational risk mitigation insurance and used other tools impact recognition. "
19.317.1 and 317.2 expressing. the following paragraphs: 317.1. the insurer is "license to take insurance or reinsurance, it is subject to supervision in the European Union to certain requirements or their equivalent and appropriate ECAIs it long or short term discharge capacity is assigned a rating that corresponds to the credit quality step 3 or above under the rules of part 2, Chapter 2, the requirements laid down in the Authority's exposure risk weighted;
317.2. insurance contract initial duration not shorter than one year. Insurance contracts with a remaining duration is shorter than one year, the authority shall make the appropriate adjustments, which reflect the remaining term of the insurance contract. Those insurance contracts with a remaining duration is 90 days or less, the adjustment is 100 percent. The authority may not take the above adjustments, if it is concluded by the substitution of existing insurance contracts insurance contracts with the insurance contract equivalent conditions or where the existing provisions of the insurance contract shall be automatically pārjaunošan and none of the participating parties have not submitted a written notice of its termination of such provisions within the time limit specified in paragraph 317.3; ".
20. Make of 317.5 as follows: "317.5. operational risk mitigation calculations take into account the sum insured to the extent that it clearly and reasonably meet operational losses incurred the actual likelihood and impact, which the authority uses operational risk capital requirements. The authority, through the mapping of the sum insured with an operational loss, use all information at its disposal resources, t.sk. internal and external data for operational losses, as well as scenario analysis, and provides the relationship between insurance and operational loss incurred the actual and the potential risk and magnitude of the detailed reasoning by areas of activity under this provision for table 9 and operational risk event types under this provision for table 10; ".
21. Make the following paragraph 317.8: "authority, recognizing 317.8. operational risk mitigation insurance used to impact the calculation of the amount of insurance recognition, adjusted in accordance with the established and documented methodologies for recognition of insurance. The methodology for the recognition of insurance determine the adjustments to be made, taking into account: ".
22. Express 317.8.3 and paragraph 317.8.4 follows.:

"317.8.3. the insurance compensation-related uncertainty, i.e. the probability (risk) that the insurer does not cost claims in the period in which the authority intends to receive it. This uncertainty arises, for example, in an insurance contract, the insurer for the interpretation of the different (business partner), default or delay in unexpected costs, such as the settlement process. To determine the appropriate adjustment, the authority shall document and analyzes data for the received insurance benefits according to the classification of operational loss in accordance with the provisions of paragraph 329.1. In addition, the authority shall ensure that the data on those claims cost the insurer more than a one-year delay, are stored separately. The Authority noted that the adjustment of the insurer (business partner) because of default is determined only on the basis of the insurer that owns the relevant insurance contract, long or short term discharge capacity rating, assigned to t.sk. in cases where the parent company has a higher rating or if the insurer's (counterparty's) default risk has been transferred to a third party. The authority shall ensure that an insurer with a lower rating is suitable for the higher degree of adjustment than the insurer with a higher rating.
317.8.4. the discrepancies between the insurance contract of that insured risk and the sum insured and the operational risk event type, joining the probability and damage that may arise the following operational risk event. This inconsistency occurs when the insured mentioned in the contract of insurance risks does not comply with the Authority's operational risk profile. In such cases, the insurance does not provide the desired operational risk mitigation, as not all events are included in the insured risk. Authority to use all information at its disposal resources, t.sk. internal and external data for operational losses, as well as scenario analysis, ensure that the amount of non-compliance with the medium or large amount of operational loss, such as intensive or other high insurance due to restrictions laid down in the Treaty, it is appropriate to include in its internal model. "
23. To supplement the provisions of the following paragraph 317.1: "317.1 operational risk mitigation requirements applied to other instruments of influence for recognition: 317.11. reducing operational risk applied to other tools used in daily operational risk management processes, they are not kept or used for marketing purposes, and use it to reduce operational risk;
317.12. the authority has previous experience with operational risk mitigation used other instruments, i.e. the authority through internal and external information resources, collects data on compensation and reimbursement of the cost of the probability of timeliness for the use of other instruments to mitigate operational risk, with a particular focus on the accumulation of data on these new types of product or category;
operational risk mitigation 317.13. used another tool provider (hereinafter also – the protection provider) financial situation, i.e. its solvency and liquidity, is stable and secure;
317.14. authority in each other to mitigate operational risk use case assess the adequacy of the protection provider, such as considering whether it monitored or not monitored the financial services supervisory authority according to the requirements of the European Union or equivalent requirements as well as provide protection, i.e., reducing operational risk used in other instruments, such as compliance, taking into account the occupational protection, vērtspapirizēšan, different guarantee facility or derivatives (counterparties) nature and characteristics;
317.15. protection provider and provide other tools to mitigate operational risk meets this provision in paragraph 317 above requirements, as well as the provisions of annex 3, part 1 and 2 requirements, insofar as they apply to its activities and the operational risk mitigation-use of other instruments;
317.16. the authority in assessing the protection provider and provide protection, i.e., operational risk mitigation used other instruments, compliance, in addition to take into account: 317.16.1. operational risk characteristics in comparison with credit risk (i.e., absence of the underlying, the higher the expected loss not meaning, etc.);
317.16.2. an efficient, liquid and structured market lack of similar instruments, which are traded outside the banking sector (such as disaster bonds, derivatives, related to weather, etc.);
317.16.3. legal difficulties for the assessment of risks to mitigate operational risk used in other instruments, t.sk. in cases where contract terms are clearly and carefully. "
24. Make the following paragraphs 329.1 "329.1. they are classified within the scope of this provision for table 9 and operational risk event types according to these rules in table 10. Operational losses resulting from exceptional circumstances and affect all areas of the institution can be classified further in the scope of "authority"; ".
25. Make 343.1. the first paragraph by the following: "343.1. subordinated capital, which consists of funds that the institution borrowed for a period of not less than five years, and the loan agreement shall provide that the lender can reclaim the loan before maturity only in the event of liquidation of the institution and the lender's requirement is satisfied when all other creditors, but prior to the shareholders ' claims. Authority not later than the working day following the inclusion of the second tier loan capital shall submit to the Commission a copy of the loan agreement in electronic form. "
26. Express 343.4. – paragraph following 343.7 "343.4. revaluation reserve that created the asset revaluation, if the auditor is sworn or certified auditor company opinion on financial statements without objection in relation to revaluation of reflection and quantitative evaluation and authorization from the Commission is received. Such revaluation reserves amount shall not exceed the last audited accounts of the authority, which is authorized, the amount shown. Revaluation of fixed assets is presented separately for each fixed asset. If the reference period made revaluation review period end date in the asset revaluation reserve exceeds the audited not audited the accounts indicated the revaluation reserve, the audited accounts shall be included in the calculation of the amount, but if the current period's end date in the asset revaluation reserve is audited not less than reported in the audited accounts of the revaluation reserve, the calculation shall include the reporting period end date of the revaluation reserve. Not audited in the revaluation reserve increase after the reduction is not taken into account. Revaluation reserve to be included in the calculation of 70 percent of each fixed asset value increase, approved by at least two independent, unrelated, according to professionally qualified experts (evaluators). If the opinion of the expert (assessors) of the increase in value of fixed assets is different, then you want to include in the calculation the lowest approved the increase in value of fixed assets;
343.5. profit recognised in the investment property revaluation, if sworn auditors or certified auditor company opinion on financial statements without objection in relation to revaluation of reflection and quantitative evaluation and authorization from the Commission is received. Such revaluation reserves amount shall not exceed the last audited accounts of the authority, which is authorized, the amount shown. The following to be included in the calculation of profits 45 percent of each investment property values increase, approved by at least two independent, unrelated, according to professionally qualified experts (evaluators). If the experts (evaluators) opinions on the value of the investment property is different, then the calculation of the lowest to be included in the approved investment property values increase. If the reference period made revaluation reporting period end date of the accumulated profit from revaluation of investment property exceeds the accounts audited reported the previous year, the calculation of the profit included in the audited report the amount, but if the end date for the report period the accumulated profit from revaluation of investment property is less than the report presented the audited profit, then the calculation include the end date for the report period recognized in accumulated profits from the investment property revaluation. Not audited profit increase after the reduction is not taken into account;

343.6. revaluation reserve that created the available-for-sale financial asset revaluation for the entire portfolio as a whole, if it is positive and is sworn or certified auditor the auditor company opinion on financial statements without objection in relation to revaluation of reflection and quantitative evaluation and authorization from the Commission is received. Such revaluation reserves amount shall not exceed the last audited accounts of the authority, which is authorized, the amount shown. If the current month of available-for-sale financial asset revaluation reserve exceeds the audited not audited the accounts indicated the revaluation reserve, the audited accounts shall be included in the calculation of the amount, but if the current month of available-for-sale financial asset revaluation reserve is audited not less than reported in the audited accounts of the revaluation reserve, the calculation shall include the current month and the reserve revaluation increase after the reduction is not taken into account. This revaluation reserve to be included in the calculation of the 45 percent of available-for-sale financial assets increase in value;
If exposures 343.7. risk weighted value calculated in accordance with the IRB approach (section II of these rules in Chapter 2, part 3), in accordance with the standards of starptautiskajiemgrāmatvedīb savings created unsafe value adjustment of debts and excess over the expected loss (positive result), calculated in accordance with the provisions of annex 6, paragraph 36, and not more than 0.4 percent from under the IRB approach, the calculated exposure risk weighted value totals that does not include the 1 250 percent risk weighted vērtspapirizēšan. "
27. Express of 348.4 as follows: ' 348.4. If the Authority's exposure risk weighted value calculated in accordance with the SP (this provision in title II, Chapter 2, part 2), in accordance with the Commission's March 25, 2009. the normative regulation No. 42 "quality assessment of assets and savings of building regulations ' assets estimated excess expected loss over in accordance with international financial reporting standards established stocks, reduced by estimated excess expected loss multiplied by the exposure to that estimated the expected loss, specific risk and 8 percent; ".
28. in paragraph 373 of the following expressions: "373. for this rule 80, 82, 109, 183, 185, 197, 221, 233, 247, 262., 350 and in paragraph 1 351.2.59.65, and 46.2, 3.62.95. paragraph 4 and Annex 54, 57 and 69. and annex 6, 46 and 58.177, 30.8. authorization of the Commission referred to in paragraph 1, the authority shall submit to the Commission a reasoned submission that added to the supporting documents. "
29. To supplement the provisions of the following paragraph 373.1: "to get this provision 373.1 343.4. and paragraph 343.5 permission, the authority shall submit to the Commission a reasoned application, accompanied by the supporting documents, giving a true and fair view of the real market value of the property and the revaluation of the financial disclosure statements. The real estate market value basis according to professionally qualified experts (evaluators) opinions given not earlier than two months before the period for which the audited annual report is prepared, the end date. This provision and paragraph 343.4 343.5 permission referred to in the Commission shall be issued for each property individually.
Based on the information available to the Commission, the Commission shall be entitled to adjust the Authority's own needs, as well as purchased fixed assets investment property revaluation of equity purposes.
The Commission issued the permit shall lapse two months after current audited annual accounts approval, but no later than for the year for which the annual audited statement prepared by the following 31 May, or to the institution of property or financial assets for sale. "
30. Replace paragraph 377 words and numbers "2012 31 December" with the words and figures "2015 December 31".
31. Replace paragraph 378 words and numbers "2010 31 December" with words and numbers "2012 31 December".
32. off 381. point.
33. the supplement V "final questions" with 382. paragraph by the following: "382. Annex 14 of these rules 1.-9. point vērtspapirizēšan is applied for transactions made after January 1, 2011. 1. This annex-9 2011 January 1, will be applied to the vērtspapirizēšan carried out by 31 December 2014, if by that date the sponsor of such a vērtspapirizēšan vērtspapiriz new or replace the corresponding (previously vērtspapirizēto) exposures. The Commission may decide to temporarily suspend the provisions of annex 1 of 14-6 in the application of these general market liquidity crisis. "
34. Add to the informative reference to directives of the European Union with reference to the following directives: "4) 2009 European Commission 7 April 2009/27/EC amending certain annexes to Directive of the European Parliament and of the Council 2006/49/EC as regards risk management technical regulations;
5) European Commission 27 July 2009. directive 2009/83/EC, amending certain annexes to Directive of the European Parliament and of the Council 2006/48/EC as regards risk management technical regulations;
6) the European Parliament and of the Council of 16 September 2009. directive 2009/111/EC amending Directive 2006/48/EC, Directive 2006/49/EC and 2007/64/EC as regards banks affiliated to central institutions, certain own funds items, large exposures, supervisory arrangements, and crisis management. "
35. Annex 1: Express (1) of the following: "1. mutual transfer set (netting set) is a business group with one counterparty, which included legal transactions implemented bilateral netting contract between and including such mutual agreement complies with part 7 of this annex and the provisions of title II, Chapter 2, part 4. Every transaction that is not contained in part 7 of this annex the requirements legally enforceable bilateral netting contract between the considered individual mutual including set, created for the purposes of the application of these provisions. If the institution uses internal models method for exposure value, it can be considered to be all one client set includes between one mutual off set that together with the expected negative market value count of zero in. ";
Express 31 the following: "31. If the authority has purchased credit derivative protection against authorities not included in the trading book exposure or trading portfolio credit risk DPKR, it can calculate the credit risk of the asset against the limited capital required, taking into account the provisions of annex 3, part 3, paragraph 114-122 described the credit risk mitigation techniques or, where the Commission has authorized to use the IRB approach and credit risk for calculating capital requirements DPKR, to calculate it in accordance with the provisions of part 1 of annex 6, paragraph 4 or 6 of annex 4 of part 173-181. point. In these cases, or in the case in accordance with the provisions of paragraph 236.5 credit derivative instrument does not account for the DPKR capital requirements, credit derivative DPKR capital requirements are zero. The authority may also consistently include all non-trading portfolio fit the credit derivatives counterparty credit risk in the calculation of capital requirements, if such credit derivatives trading portfolio not purchased exposures for protection against credit risk, which is recognized as such in accordance with the requirements of this regulation. ";
55 points to express the following: 55. "each credit default swap reference debt instrument is set one hedging set. N-reference debt instrument portfolio credit default swap positions and hedging set determines the following: 55.1. reference debt instrument risk position is in this instrument effective notional value multiplied with credit default swaps for the modified duration for credit interest rate spread;
55.2. every credit default swap reference debt instrument is set one hedging set. Different credit default swap risk positions should not include in one exposure together;
55.3. DPKR multiplier for each exposure set that consists of the reference debt instrument, is 0.3 percent, if the reference debt instrument meets the ECAI 1, 2 or 3 quality grade, and 0.6 per cent – other debt instruments. ";
make the following introductory paragraph 109:109 ". If derivative exposure value is used to determine the market value method of derivative exposure value calculated in accordance with part 4 of this annex to the requirements of the following adjustments: ".
36. Annex 2: Supplement with point 2.5 of annex by the following:

"2.5. Notwithstanding this annex 2.1. and 2.2. requirements for exposures to Member States ' regional Governments and local authorities that are denominated and funded in the regional government and the local government in national currency in the 20 percent risk.";
Supplement to annex paragraph 4.1.17 as follows: "4.1.17. North American and South American investment company (Inter-American Ivestmen Company) if the institution uses SP credit risk for calculating capital requirements.";
4.2 the following expression: ' 4.2. Exposures to other international development banks, which are available on the nominated ECAIs ratings, table 4.1 of this annex shall apply in specific risk.
table 4.1. The rest of the international development bank credit quality and appropriate credit risk quality Risk 1 2 3 4 5 6 20% 50% 50% 100% 100% 150% ";
Supplement to point 4.3 as follows: "4.3. Exposures to international development banks, which are not available in the nominated ECAIs rating, the 50 per cent risk.";
Express 6.2 the following wording: "6.2. the Authority's exposure to determine the level of risk used CVR method. Under this method, exposures to institutions of one step higher risks than credit quality grade assigned to the claims against the State in which the institution is established by Central Government. Exposures to institutions in compliance with the level of risk determined by the Central Government established the credit quality level shown in table 5 of this annex. If the authorities of the country of registration Central Government not available ECAI ratings, such authorities exposures apply 100 percent risk. ";
Express 7.2 as follows: "7.2. short-term exposures to which are assigned to the nominated ECAIs short-term ratings, risk is determined in accordance with paragraph 14 of the present annex.";
make paragraph 9.2.4 as follows: "9.2.4. exposure value exceeds 70 percent (substantial margin) of the real property on which the mortgage is established, as determined in accordance with the provisions of part 3 of annex 3 for a 100-point 103 requirements.";
make 14 the following: "14. exposures to corporates, which assigned a nominated ECAIs short-term rating, risk exposures with the nominated ECAIs short-term ratings apply to table 7 in the level of risk.
table 7. Exposures to corporates, which assigned a nominated ECAIs short-term rating, defined according to the level of risk that short-term credit rating quality grade exposure short-term rating corresponding to the ECAI credit quality Risk 1 2 3 4 5 6 20% 50% 100% 150% 150% 150% ";
Supplement to annex 17 the following: "17. Leasing exposure value is the discounted minimum lease payment stream. Minimum leasing payments are in accordance with the leasing contract certain payments which are required or may be requested by the lessee, and options contained in the Treaty, i.e. the possibility, which is reasonably foreseeable. Any guarantee provided by the net book value, which corresponds to the provisions of part 1 of annex 3 of the 12-13 the requirements relating to donor recognition of protection for the application of minimum requirements, as well as other types of guarantee laid down in annex 3 of these rules, part 2, paragraphs 32 to 39, for recognition as appropriate, also are included in the minimum lease payments. Leasing exposure depending on the lessee shall include one of the rules listed in paragraph 97 categories. If the exposure value of the leased property in the net book value, the exposure risk weighted value on the invoice: 1/t * 100 * exposure value, where t is the biggest deadline of one year or the next number of years remaining in the term. "
37. Annex 3: Supplement to annex paragraph 2.10.4. in this version: 2.10.4. "If the investment fund investment is not limited to provision of this annex applicable 2.2-2.9 referred to financial instruments, investment certificates of the Fund may be recognised as eligible collateral if the institution provides the certificate of investment funds in the calculation of the value, assuming the investment fund has made investments in the prospectus the maximum allowable amount to inappropriate security financial instruments. If not a security instrument value is negative the obligations or potential obligations, which arise from the ownership of the security applied to the total value of financial instruments reduced by collateral not eligible financial instruments, if the latter amount is negative; "
Supplement to point 4.3 as follows: "4.3. If the investment fund investment is not limited to these rules applicable to the provision of 2.2-2.9 and 4.1 financial instruments referred to in the investment certificates of the Fund, may be recognised as eligible collateral if the institution provides the certificate of investment funds in the calculation of the value, assuming the investment fund has made investments in the prospectus the maximum allowable amount in collateral inappropriate financial instruments where the investment fund has made investments in the prospectus the maximum allowable amount to inappropriate financial security instruments and the authority shall provide the following financial instruments the calculation of the value. If not a security instrument value is negative the obligations or potential obligations, which arise from the ownership of the security applied to the total value of financial assets reduced by collateral not eligible financial instruments, if the last value of the total is negative. "
Express 23.2. point as follows: "23.2. the authority shall carry out a real estate value monitoring: at least once a year in commercial property and housing every three years. If significant changes have taken place in the market, such verification shall be carried out more frequently. The authority may use statistical methods to real estate values and monitoring to identify the assets you want to revalue. Property assessment review (review) the independent evaluators, if the authorities have information to show that the value of the property can be reduced considerably relative to the overall market prices. Loans exceeding eur 3 million or the equivalent in another currency, or 5 percent of the institution's own funds, the real estate valuation report by an independent valuer at least once every three years. Independent appraiser is the person who has the required qualifications, which documented, sufficient experience in real estate evaluation and which is independent of the process in which the decision on granting the credit is taken. ";
express the following paragraph 29: "29. for life insurance policy be recognised as eligible collateral the following conditions shall be met: 29.1. insurance payment is cumbersome for a good body-vendors;
29.2. the insurance company, which extracts the life insurance policy, is aware of the burden of the cost of the insurance amount and in accordance with the Treaty, can be done without cost to the authority-vendors;
29.3. the policy is fixed the amount of the repurchase (surrender value) that is not reduced;
29.4. the authority, the vendor is entitled to the amount of the repurchase of the debtor's default (default);
29.5. the authority-vendor is informed of any payments made, not that the insured (the debtor) had to be carried out in accordance with the provisions of the policy;
18.4. the policy period is not less than the period of exposure. If the insurance period is shorter than the period of exposure, the body-vendor shall ensure that the amount of money arising from the insurance contract (deriving from the insurance contract), serves as a security for the credit to the end of the term of the credit agreement;
18.5. the collateral agreement to which the right arising from the policy are pledged for the benefit of the authority is legal and actually enforceable without restriction in accordance with national laws and regulations at the time of signature of the credit agreement;
29.8. repurchase amount reimbursed in a timely manner upon request;
29.9. repurchase amount cannot be claimed without the consent of the authority-vendors;
29.10. life insurance policy vis-a-vis Member States insurance company or the foreign insurance company, which the regulatory and monitoring requirements are equivalent to those laid down in the European Union. ";
the introductory part of paragraph 34 be expressed in the following:

34. "If the exposure is secured by a guarantee, which is provided with a support guarantee (counter-guarantee), which provides a central Government or central bank, regional or local governments or public authorities, which have similar requirements for claims against the Central Government in whose jurisdiction they are established, international development banks or international organizations, to which the requirements are set at 0 percent risk, guarantee or support public authorities support guarantee , which is at least equivalent to the requirements of the requirements on institutions, such exposure can be regarded as a transaction which is backed by the guarantee institution, if the following conditions are met: ";
42. point be expressed as follows: "42. Financial collateral simple method is to be used only if a risk weighted exposure value calculated in accordance with the provisions of paragraph 88-110 (SP). The authority should not be used simultaneously for both the method and the extended method, except in accordance with this rule 115-119 and 148 of part of the exposures risk weighted value calculation under the IRB approach, but part-using the SPA. To apply a combination of the methods, the authority demonstrated to the Commission that the combination of the methods does not aim to reduce the capital requirements for credit risk. "
44 points to express the following: 44. "It provided part of the exposures, which is covered by the market value of the collateral, shall apply for this provision (instrument) the appropriate degree of risk in accordance with Annex 2 to these regulations, but not lower than 20 percent risk, with the exception of this annex 46-48 in paragraph. Determining the exposure part, this rule 90, paragraph included in the off-balance-sheet items in the exposure value calculated by applying a 100 percent degree of correction. The unsecured part of the exposure risks apply to this transaction the appropriate level of risk defined in annex 2 to these regulations. ";
80 points to express the following: "80. E * as calculated in paragraph 52 of this annex, the exposure value shall be applied to the degree of risk in accordance with the provisions of paragraph 102-110, determining exposures risk weighted value. 90. These rules in off-balance-sheet items referred to in point (E) in the case of is the value for which you apply 100 percent adjustment to determine the degree of exposure value. ";
118. the following points to make: "118. exposures in the part that is equal to the amount, which shall undertake to pay credit event, the protection employer matching conditional risk in accordance with Annex 2 to these rules. The rest of the exposure part apply to this type of exposure according to the relative degree of risk, the provisions laid down in annex 2. Exposure risk weighted value this provision in paragraph 102-110 needs is calculated by the following formula: (E-GA) x r + GA x g where: E – exposure value. The rules referred to in paragraph 90 of the off-balance-sheet items included in the exposure value, the 100 percent level of adjustment;
GA-G value calculated in accordance with paragraph 115 of this annex and that, in order to prevent further maturity mismatch, adjusted in accordance with part 4 of this annex;
r – risk exposures with the debtor, as defined in this provision in paragraph 88-110;
g-risk exposures with protection, as defined in this provision in paragraph 88-110. ";
122. paragraph to express the following: "(G) * 122. GA is the value calculated in accordance with the provisions of paragraphs 115 and later adjusted to avoid any discrepancy between the term as defined in part 4 of this annex. Setting this rule 72 and 73. off-balance-sheet items referred to in paragraph 1 include the exposure value, the 100 percent correction. "
38. Annex 4: make (2) of the following: "2. the institution-sponsor traditional vērtspapirizēšan, you can turn off the vērtspapirizēto of the exposures of risk weighted value and the amount of expected loss estimates, if one of the following conditions is fulfilled: 2.1. vērtspapirizēt exposure crucial credit risk is transferred to a third party;
2.2. the institution-sponsor apply 1 250 percent risk for all paturētaj this vērtspapirizēšan vērtspapirizēšan positions or in accordance with the provisions of the following paragraph about 348.7 vērtspapirizēšan positions value reduces equity. ";
Supplement to annex 2.1, 2.2, 2.3 and 2.4 of paragraph by the following: "2.1 except when institutions – initiator supervisory body has decided that the potential exposure risks vērtspapirizēt the weighted value of the reductions that would be achieved in business, vērtspapirizēšan is not supported by the transfer of credit risk equivalent third party credit risk essential referrals is a recognized third party in the following cases: 2.11. vērtspapirizēšan position of mezzanine capital, which keeps the body in this vērtspapirizēšan-sponsor risk weighted value amount does not exceed 50 per cent of all such vērtspapirizēšan position of mezzanine capital to risk weighted value amount;
2.12. If the transaction is not a specific vērtspapirizēšan a vērtspapirizēšan mezzanine capital position and authority, the sponsor can demonstrate that such vērtspapirizēšan positions, which would have reduced the value of the equity or which would be applicable to 1 250 percent risk, significantly exceeds the vērtspapirizēt exposure based expected loss estimate and authority – the originator does not own more than 20 percent from the vērtspapirizēšan position.
2.2 2.1 of this annex for the purpose of paragraph vērtspapirizēšan of the mezzanine capital positions vērtspapirizēšan position, meaning the lower level of risk than 1 250 percent risk and a lower layer than the position of the highest-order heading into this vērtspapirizēšan business, and lower positions than any round heading into this transaction, which vērtspapirizēšan: 2.21. the degree of risk corresponding to 1. credit quality grade, using SP risk weighted exposure determination in accordance with the provisions of point 4.1 of annex 13;
2.22. in accordance with the rating assigned to the nominated ECAIs determined 1. or 2. credit quality, using the IRB approach for determination of risk weighted in accordance with the provisions of annex 13, paragraph 4.2.
2.3 the authority may not apply the requirements of paragraph 2.1 of the essential credit risk transfer to a third party, if the authorities-mover management authority agrees that the credit institution's policy and methodology that provides assurance that the potential exposures of the vērtspapirizēt risk weighted value reductions, which the authority – initiator vērtspapirizēšan, achieved is based on credit risk equivalent transfer to a third party. The consent of the supervisory organ may receive only if the initiator authority proves that the transfer of credit risk to a third party are recognized authorities in the management of risk and cover all the risk capital needed for discovery.
2.4 authority – sponsor can exclude the risk of transactions vērtspapirizēto the traditional vērtspapirizēšan of risk weighted value and expected loss amounts calculated in addition to the 2 and 2.1-2.3 the requirements in paragraph 1 shall satisfy the following conditions: 2.41. vērtspapirizēšan in the transaction documents reflects the economic substance of the transaction;
2.42. vērtspapirizēt risk deals are available to the institution, the originator and its creditors, including in the case of bankruptcy proceedings (receivership). The qualified legal advisory opinion (opinion of qualified legal counsel);
2.43. securities issued does not oblige payment obligations to the institution-sponsor;
2.44 the transferee (vērtspapirizēšan) is a special purpose company (hereinafter referred to as the MACHINE);
2.45. the institution-sponsor does not save the actual or indirect control over the transferred exposures. It is assumed that the sponsor has retained effective control over the transferred exposures if it is the right of the transferee to pārpirk previously transferred exposures in order to benefit from them, or if it is the duty of the new take on (re-assume) the transferred risk. If the initiator authority retains the servicing rights or obligations in relation to the transferred exposures, this does not mean exposure to indirect control;
2.46. Delete (clean-up call option) where the following conditions are fulfilled: the delete option is 2.46.1. to be implemented by institutions – initiator check (at the discretion of);
2.46.2. delete option can be implemented only if 10 percent or less of the vērtspapirizēt exposure of the original value remains unamortised;
2.46.3. the delete option is not structured to not apply in the event of losses to credit quality improvement (credit enhancement) position or other investor positions, and not well structured to ensure (to provide) the credit quality;
2.47. vērtspapirizēšan documents not containing one or both of the conditions under which the institution-sponsor (except early amortisation provision):

2.47.1. improves vērtspapirizēšan positions t.sk. changing (replacing) the base exposures or increasing payments to investors in case worsens vērtspapirizēt exposure credit quality, but not only this way;
2.47.2. increase the payments to the holders of the position of vērtspapirizēšan in case the base portfolio deteriorated credit quality. "
make paragraph 3 by the following: "3. the authority – initiator of the synthetic vērtspapirizēšan can calculate risk weighted exposure amounts and expected loss amounts, respectively the vērtspapirizēšan of exposures in accordance with this annex, point 4 and 5, if one of the following conditions is fulfilled: vērtspapirizēt 3.1 the essentials of credit risk exposures is served to a third person using the occupational or unfunded credit protection;
3.2. Authority-initiator 1 250 percent applied to the degree of risk for this vērtspapirizēšan paturētaj vērtspapirizēšan all in positions or in accordance with the provisions of paragraph 348.7 vērtspapirizēšan positions value reduces equity. ";
Supplement to annex 3.1, 3.2, 3.3 and 3.4 of the following paragraph: "3.1 except in sponsor institutions – supervisory body has decided that the potential exposure risks vērtspapirizēt the weighted value of the reductions that would be achieved in business, vērtspapirizēšan is not supported by the transfer of credit risk equivalent third party credit risk essential referrals is a recognized third party in the following cases: 3.11. the position of the mezzanine capital vērtspapirizēšan, which keeps the body in this vērtspapirizēšan-sponsor risk weighted value amount does not exceed 50 per cent of all such vērtspapirizēšan position of mezzanine capital to risk weighted value amount;
3.12. If that is not the business of the mezzanine capital vērtspapirizēšan vērtspapirizēšan position and authority, the sponsor can demonstrate that such vērtspapirizēšan positions, which would have reduced the value of the equity or which would be applicable to 1 250 percent risk, significantly exceeds the vērtspapirizēt exposure based expected loss estimate and authority – the originator does not own more than 20 percent from the vērtspapirizēšan position.
3.2 3.1 of this annex for the purpose of paragraph vērtspapirizēšan of the mezzanine capital positions vērtspapirizēšan position, meaning the lower level of risk than 1250 percent risk and a lower layer than the position of the highest-order heading into this vērtspapirizēšan business, and lower positions than any round heading into this transaction, which vērtspapirizēšan: 3.21. the degree of risk corresponding to 1. credit quality grade, using SP risk weighted exposure determination in accordance with the provisions of point 4.1 of annex 13;
3.22. the nominated ECAIs under the assigned ratings of 1 or 2 fixed credit quality using the IRB approach for determination of risk weighted in accordance with the provisions of point 4.1 of annex 13.
3.3 authority may not apply the requirements of paragraph 3.1 of this annex for the relevant credit risk transfer to a third party, if the authorities-mover management authority agrees that the credit institution's policy and methodology that provides assurance that the potential exposures of the vērtspapirizēt risk weighted value reductions, which the authority – initiator vērtspapirizēšan, achieved is based on credit risk equivalent transfer to a third party. The consent of the supervisory organ may receive only if the initiator authority proves that the transfer of credit risk to a third party are recognized authorities in the management of risk and cover all the risk capital needed for discovery.
3.4 authority – initiator of the synthetic vērtspapirizēšan can calculate risk weighted exposure amounts and expected loss amounts, respectively the vērtspapirizēšan of exposures in accordance with this annex, point 4 and 5, if they in addition to 3 and 3.1 of this annex, point 3.3 requirements meet the following conditions: 3.41. vērtspapirizēšan in the transaction documents reflects the economic substance of the transaction;
3.42. the credit protection that is passed through the credit risk, meet the eligibility and other rules of the 150-160 point requirements for the recognition of such credit protection. In this context, the MACHINE is not suitable for unfunded protection sensor;
3.43. credit risk transfer instruments used to not include conditions: 3.43.1. determine the high significance thresholds that resulting from the application of the credit protection does not work on a credit event;
3.43.2. allows the stop protection in connection with exposure to the deteriorating credit quality;
3.43.3. with the exception of early amortisation provision, the originator of the request body, to improve the position of quality vērtspapirizēšan;
increased authority 3.43.4. credit protection costs or payments to the holders of the position of the vērtspapirizēšan base portfolio credit quality deterioration;
3.44. obtained qualified legal advisory opinion confirming that the credit protection is legally enforceable in all relevant jurisdictions. ";
make the following introductory paragraph 28: "28. Liquidity risk for the determination of the transaction value 50 percent correction may be applied, provided that the following conditions are met:";
to turn 30, and 72 62.;
Express and point 74.75. by the following: ' 74. If the body is wasted (not practical) to calculate the risk-weighted value of the exposures by assuming that they would not be vērtspapirizēt, the authority, in exceptional cases, subject to authorisation by the Commission, for a certain period of time can apply paragraph 80 of this annex sets out the method of calculating risk weighted in vērtspapirizēšan positions without the rating, which is liquidity if liquidity position of collateral meet the adequacy referred to in paragraph 36.
75. The higher level of risk, which would be in accordance with the provisions of paragraph 88-110 (SP) for vērtspapirizēt any exposure, assuming that it would not be vērtspapirizēt, may apply for the position of vērtspapirizēšan, which is the liquidity position. To determine the exposure value of the position, you can apply the 50 percent level of liquidity adjustment collateral nominal amount, if agreed original maturity is one year or less. In other cases, apply 100 percent correction. "
39. Turn off rules in annex 5, footnote 2.
40. Annex 6: express the following paragraph 25: ' 25. Equity risk-weighted value of the authorities of the capital securities, PZ determined using internal value at risk (future ─ RPVS) models, if they are suitable for the one-sided 99. percentil (one-tailed) confidence interval for the difference between quarterly earnings and the relevant long-term random income expressed calculation date, using the risk-free rate, multiplied by 12.5. capital portfolio risk-weighted value shall not be less than under the SNV/SVZ approach the calculated minimum capital risk-weighted value of securities and the corresponding amount multiplied by 12.5 PZ total, if this calculation SNV is determined in accordance with this annex, part 2, paragraph 60 and SNZ respectively in accordance with part 2 of this annex and paragraph 61.62. ";
Express 27 the following: "27. Risk weighted value is calculated by the following formula: Risk-weighted value = 100% * exposure value of the exposure value of the exposure of the accounting value, excluding leasing exposures that are hired in the residual value of the property. Following the exposure of risk weighted value is calculated by the formula: Risk-weighted value = 1/t * 100% * exposure value, where t is a leasing contract for a number of years, but not less than one year. ";
Express 30.6. point as follows: "clearing the roof between 49.3. contract listed in completely or almost completely derivative instruments provided and fully or almost fully collateralised margin loans T is the exposure weighted average residual maturity and T is at least 10 days. In between the roof of the Treaty included the completely or almost completely ensure the repurchase transactions or securities or commodities lending or borrowing transaction T are risk weighted residual maturity and T is at least five days. Term-weighting is done in proportion to each exposure the notional value; ";
make 50 introductory paragraph as follows: "50. Irrespective of the 30.5 30.6 30.6.,.,.,., and 30.8 30.7. the requirements of point T is at least one day for the following transactions:";
117. the following points to make: "117. the Authority regularly conducts credit risk stress tests to assess the condition of various special effects for its credit risk capital requirements. Stress test scenario of choice, it is important, reasonable conservative, and shall take into account the scenario at least moderate the impact of the recession. Authority stress test scenario evaluated under their own ratings migration. Portfolios, which conducted stress test, contains most of the Authority's exposure. ";
173. the following points to make:

"173. Requirements set out in this annex, 174-181, does not apply to institutions, Central Government, central bank and company that complies with the provisions of annex 3, paragraph 12 or paragraph 13, issued guarantees, if the authority is authorised to apply SP credit risk for calculating capital requirements for exposures to such counterparties. In this case, apply the requirements of title II of these rules, Chapter 4, part 2. "
41. Annex 7: Express 16. the introductory part of paragraph by the following: "4. The internal hedge is a trading book positions (hereinafter-the restrictive position), which substantially or fully compensates for the non-trading portfolio positions or positions sets (referred to as limited) elements of risk. Limited position is included in the trading portfolio's market risk capital requirement calculation, if it is kept for trading purposes and comply with this annex part 1 and 2, the criteria set out in particular if: ";
Express 18 as follows: "6. Derogating from paragraph 16 and 17 if the authority does not restrict the trading portfolio credit risk exposure through trading portfolio credit derivatives, restricted position is not recognized for ensuring capital adequacy requirements, except in the limited position of authority for the protection of credit risk buying from a suitable protection's trade portfolio to include credit derivatives, which comply with the provisions of this annex, part 2, paragraph 32 and 38. Regardless of whether this provision authority to 236.5. in the second sentence of paragraph this approach or not, if you have purchased such third parties and it is recognised as a non-trading book exposure, risk mitigation instruments for capital requirement purposes, not limited nor restrictive item is not included in the trading book capital requirements. "
42. To supplement the provisions of this annex by 14: "annex 14 financial and capital market Commission Regulation No 60 02.05.2007. Requirements to be included in the category of vērtspapirizēšan vērtspapirizēšan positions 1. Initiator, sponsor or original lender's fundamental economic interest net saving this rule 101.1 and 124.1 points means the end of one or more of the following part of the securities issued its retention: 1.1. at least 5 percent of the sales of each of the investors or the release of retention of nominal value;
1.2. renewable exposure vērtspapirizēšan institutions – in the case of pure economic interest, initiator of saving at least 5 percent of the vērtspapirizēt exposure nominal value;
1.3. randomly selected exposures retain at least 5 percent of the vērtspapirizēt the number of exposures, where another case, such risks are potentially vērtspapirizējam vērtspapirizēt and if the number of exposures to the original issue date is not less than 100;
1.4. the first round loss to release and, if necessary, other releases that have similar or higher risk profile than investors transferred or sold that delete releases and does not expire before investors cast or release date sold, saving at least 5 percent of the vērtspapirizēt exposure rating.
2. the net economic interest shall be determined at the date of the original issue, and it is constantly maintained. It does not apply to credit risk mitigation or any short positions whether other forms of hedging. Off-balance-sheet items include pure economic interest statement in compliance with the requirements as the relative value of off-balance-sheet items.
3. This rule 101.1 and 124.1 points and the purpose of this annex "permanently" means that you do not save or retain positions, interest or exposure to risk limitation and they are not sold.
4. the retention requirements for each individual vērtspapirizēšan are not suitable for many occasions.
5. If the European Union's parent credit institution or an EU parent financial pārvaldītajsabiedrīb or its group companies included in the consolidation as a sponsor or a sponsor of vērtspapiriz more consolidation companies included in the Group of exposures and the consolidation group is subject to consolidated supervision, the requirements referred to in paragraph 1 may follow a consolidation at group level. This option is only used if the consolidation group company whose exposures are vērtspapirizēt, have committed themselves to this annex in paragraphs 14 and 15 above requirements and provide the sponsor or the sponsor and the parent company of the European Union the information necessary to comply with the requirements referred to in paragraph 16.
6.1-4 of this annex to the requirements of paragraphs shall not apply where the risks are vērtspapirizēt claims or contingent claims (contingen to claims) against the following business partners or the requirements as a whole, unconditionally and irrevocably guaranteed by the following business partners: 6.1 the Central Government or the central bank;
6.2. Member States ' regional Governments, local governments or public authorities;
6.3. the institutions that exposures in accordance with the provisions of the SP credit requirements apply to calculate 50 percent or lower level of risk;
6.4. international development banks.
7.1-4 of this annex shall not apply: paragraph 7.1. transactions, based on clear, transparent and accessible index if this index references make up commercial companies are identical to those included in the widely traded on a regulated market of units in the index, or if they have other traded securities on a regulated market which are not vērtspapirizēšan position;
7.2. syndicated loans, purchased receivables or credit default swap contracts (credit default swap), if these instruments are not used for the structured and/or make hedging vērtspapirizēšan, covered by point 1 of this annex.
8. the range of issues for which the authority is a comprehensive and thorough information and understanding of each of the individual positions of the vērtspapirizēšan which the authority can prove to the Commission shall include at least the following questions: 8.1. information in accordance with this annex, point 1-4 provided by the sponsor or sponsors to clarify the net economic interest that they constantly maintained for vērtspapirizēšan;
8.2. each vērtspapirizēšan positions risk characteristics;
8.3. vērtspapirizēt position exposure risk characteristics;
8.4. the sponsor or sponsor's reputation and loss experience in earlier vērtspapirizēšan the exposure categories, which is vērtspapirizēt, for example, how much is the income of the non-performing mortgage loans (Chart 2: securitization issuance position) the proportion of the credit institution which issues mortgage mortgage bonds (securitisation positions);
8.5. the originator or sponsor, as well as their agents or advisory statements and information provided on the vērtspapirizēt exposure and, where appropriate, the vērtspapirizēt exposure due to the quality of the security check;
8.6. the methodology and concepts underpinning business vērtspapirizēt risk evaluation, and the sponsor or the sponsor's policies adopted to ensure the independence of the valuer;
8.7. all vērtspapirizēšan structural characteristics that may significantly affect the authorities holding the position of a vērtspapirizēšan;
8.8. the exposure vērtspapirizēt types;
8.9. the vērtspapirizēt the percentage of loans falling due are delayed more than 30, 60 and 90 days;
8.10. the level of undertakings;
8.11. the proportion of loans to pay off early;
8.12. loans, having started marketing the property pledged;
8.13. vērtspapirizēt loan collateral types and uses (occupancy, leasing, renting, currently not used);
8.14. the creditworthiness rating or other measurement frequency statistical breakdown of the relevant exposures;
8.15. the sectoral and geographical diversification;
8.16. the ratio between loan and mortgaged property value (loan to value ratio) of the statistical breakdown of the frequency intervals, which enables proper sensitivity analysis;
8.17. If the exposures are themselves vērtspapirizēšan positions, the body must be 8.1. paragraph 8.16, contains information not only on the vērtspapirizēšan releases, such as the name of the issuer and the credit quality of the portfolios, but also associated with these vērtspapirizēšan releases, their characteristics and actual performance performance indicators.
9. the body is a complete understanding of all vērtspapirizēšan business structural features which may significantly affect the performance of actual exposure results. They are, for example, the "contractual waterfall" (contractual waterfall) and related catalysts, improvements in the quality of credit (credit enhancements), liquidity enhancements, market value and the threshold for a specific transaction-specific defaults (default).

10. Sponsor and initiator discovers the investor, at what level it undertakes in accordance with this annex, point 1-5 to keep the net economic interest relating to vērtspapirizēšan. The sponsor and the sponsor shall ensure that potential investors have readily available all relevant data on credit quality and risk of the individual transactions of the respective commitments of actual results, cash flows and collateral exposures of the vērtspapirizēšan, as well as the information required for a comprehensive cash flow and the value of security exposures stress testing (stress testing). For this purpose, the relevant data determined by the day of the vērtspapirizēšan, but when it is applied to the vērtspapirizēšan of nature, in the future. "
43. These regulations shall enter into force by 31 December 2010.
Financial and capital market Commission of Krūman I.