5
Own Risk and Solvency Assessment (ORSA)
5.1
The PRA expects that, where a DVA is applied, firms continue to capture all non-quantifiable risk within their ORSA.[11]
Footnotes
- 11. See Article 44(2) of Directive 2009/138/EC and 1.19 of Guideline 7 of EIOPA’s ‘Guidelines on own risk and solvency assessment’: https://eiopa.europa.eu/GuidelinesSII/EIOPA_Guidelines_on_ORSA_EN.pdf.
- 17/10/2018