1
For units in managed collective assets, the risk-weighted assets of the managed collective assets shall be calculated according to the:
a.
look-through approach (LTA);
b.
mandate-based approach (MBA);
c.
fallback approach (FBA); or
d.
simplified approach (VA).
2
The following banks may use the VA as an alternative to the FBA:
a.
banks in category 3 under Annex 3 BankO116 with insignificant exposures related to managed collective assets;
b.
banks in categories 4 and 5 under Annex 3 BankO.
3
FINMA shall issue technical implementing provisions. It shall base these on chapter 60 CRE117.