15- Transitional Arrangements for Profit and Loss (P&L) Attribution (PLA)
Effective from Dec 28 2022 - Dec 27 2022
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| 15.1 | Banks are required to conduct the profit and loss (P&L) attribution (PLA) test beginning 1 January 2023 as set out in [12.3]. The outcomes of the PLA test will be used for Pillar 2 purposes beginning 1 January 2023. The Pillar 1 capital requirement consequences of assignment to the PLA test amber zone or PLA test red zone, as set out in [12.43], [12.44] and [13.43], will apply beginning 1 January 2023. | |