Significant credit institutions and the “Joint Supervisory Team” Danièle has taken us through, in some detail, the operational challenges and opportunities which go hand in hand with the SSM.
Using a gross income concept leads to lower levels of DTI or DSTI than using a net income concept. Another example is that valuation methodologies for RRE and CRE are not aligned, with Germany and Austria using a long-term sustainable value concept and others using true market value. Developments in valuations across countries are therefore not comparable.