Commission Delegated Regulation (EU) 2018/345 of 14 November 2017 supplementing Directive 2014/59/EU of the European Parliament and of the Council with regard to regulatory technical standards specifying the criteria relating to the methodology for assessing the value of assets and liabilities of institutions or entities (Text with EEA relevance)

s.art002

General criteria

• Valuer must perform fair and transparent resolution valuation

s.art005

Impact of group arrangements

• Valuer must consider group arrangements when valuing assets and liabilities

s.art006

Valuation report

• Prepare a valuation report for the resolution authority with specified contents

s.art007

General principles

• Use fair assumptions and appropriate methods for bank resolution valuations

s.art008

Areas requiring particular attention in the valuation

• Focus on areas of significant valuation uncertainty and provide best point estimates and ranges

s.art009

Factors affecting the valuation

• Valuer must consider key economic and business factors when valuing assets and liabilities

s.art010

General principles

• Valuer must assess resolution actions and produce separate valuations

s.art011

Selection of the measurement basis

• Valuers must use fair and prudent assumptions when valuing assets in resolution

s.art012

Specific factors relating to the estimation and discounting of expected cash flows

• Valuer must use expert judgement and consider specified factors when estimating cash flows in resolution

s.art013

Methodology for calculating and including a buffer for additional losses

• Include a buffer for additional losses in provisional valuations