QA2019-3 - Impact analysis

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Resolution Reporting Subject Matter Guidance
Guidance Documents Critical-Functions
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QA2019-3

Question


What is meant by the term “expert judgment” on the impact analysis columns?


Response


As described in the guidance (section 2.4.2), reporting entities should assess if they have a large/medium-large/medium-small/ small position in the market. By "expert judgment" we mean the reporting institution's own informed opinion, based on its knowledge of the market.