Traduction de «seuil de fréquence de défauts » (Français → Anglais) :

all the structural features of the securitisation that can materially impact the performance of the institution’s securitisation position, such as the contractual waterfall and waterfall related triggers, credit enhancements, liquidity enhancements, market value triggers, and deal-specific definitions of default.

For each credit assessment system, the ECAF performance monitoring process consists of an annual ex-post comparison of: (a) the observed default rates for all eligible entities and instruments rated by the credit assessment system, where these entities and instruments are grouped into static pools based on certain characteristics, e.g. credit rating, asset class, industry sector, credit assessment model; and (b) the appropriate credit quality threshold of the Eurosystem given by the benchmark PD (two benchmark PDs are considered: a 0,10 % PD over a one-year horizon which is considered equivalent to a credit assessment of credit quality ...[+++]step 2; and a 0,40 % PD over a one-year horizon which is considered equivalent to a credit assessment of credit quality step 3 of the Eurosystem harmonised rating scale).

The draft regulation covers definitions, the calculation of net short positions, covered sovereign credit default swaps, notification thresholds, liquidity thresholds for suspending restrictions, significant falls in the value of financial instruments and adverse events.

Credit institutions shall have a thorough understanding of all structural features of a securitisation transaction that would materially impact the performance of their exposures to the transaction such as the contractual waterfall and waterfall related triggers, credit enhancements, liquidity enhancements, market value triggers, and deal-specific definition of default.

(Return tabled) Question No. 30 Mr. Francis Scarpaleggia: —With regard to the installation of cell phone communications towers and the electro-magnetic fields and radio-frequency radiation they emit: (a) when was a federal permit awarded to install a cell phone tower at Saint-Joachim church located at 2 Saint-Anne, Pointe-Claire, Quebec, H9S 4P5; (b) who is the service provider who applied for and was awarded the permit; (c) what justification was given by the service provider for requiring a cell phone tower permit for that particular location; (d) what are the technical specifications of the cell phone tower for which a permit was a ...[+++]warded; (e) what limits or conditions, if any, were attached to the permit; (f) do technical specifications and other permit conditions vary according to the nature of the surrounding environment, specifically as regards to whether schools, hospitals, or residential units are located in the vicinity; (g) what requirements were placed on the City of Pointe-Claire in regards to consulting local residents before a federal permit was awarded for the Saint-Joachim cell phone tower, and were these general requirements applicable to all municipalities in Canada or were all or some conditions specific to this particular tower; (h) how many other permits have been awarded in the past for installation of cell phone towers in Pointe-Claire, where are these located, and who are the providers who operate the towers; (i) what evidence has the government used to establish that cell phone towers are not a threat to human health generally and to the health of vulnerable populations like children specifically; (j) in establishing allowable risks associated with cell phone towers does the government apply a maximum acceptable threshold of risk that incorporates the precautionary principle as laid out in the 1992 Rio Declaration on Environment and Development (signed at the United Nations Conference on Environment and Development) and, if not, wha ...

This negative definition does not imply that agreements between firms which exceed the thresholds will appreciably restrict competition; the notice only creates a safe harbour.