Examples of using Materiality threshold in English and their translations into Slovak
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(20) The Court sets the materiality threshold at 2%.
Materiality threshold in EFCA is 4500€ and estimated level of risk of error is below;
Conditions for setting the materiality threshold for retail exposures.
This will be the case if the level of irregularities is below the Commission's own 2% materiality threshold.
The Court's materiality threshold is 2% of audited expenditure.
For all Joint Undertakings, the error rate was below the materiality threshold of 2% of the final budget.
Below the 2% materiality threshold, and for the overall spending on‘Competitiveness for growth and jobs' would have been 2,9%;
We use the level of 2% as materiality threshold for our opinion.
Since 2012,OPs have in general been subject to a reservation if the residualerror rate exceeds the Commission's 2% materiality threshold.
The margin of deviation has been defined in the light of the materiality threshold for errors established by the European Court of Auditors.
Continuous improvements in the control systems helped to reduce thelevel of error for the EAGF in 2016 to below the 2% materiality threshold for the first time.
ECB consults on draft ECB guideline on the materiality threshold for credit obligations past due for less significant institutions.
A new policy limiting theuse of general reservations is in place and a materiality threshold has been agreed.
The materiality threshold, defined for less significant institutions, was designed in alignment with the definition given by ECB for significant institutions in Regulation 2018/1845.
The multi-annual residual error rate for finalised ex postcontrols for the 2007-2013 TEN-T programme was below the materiality threshold of 2%.
In line with Section 2.2.1 of Recommendation ESRB/2015/2, the materiality threshold of EUR 2 billion is a recommended maximum threshold level.
For these errors, Member State authorities applied corrections with a view to reducing theresidual error rates for programmes below the 2% materiality threshold.
The institutions shouldbe able to move away from the general 2% materiality threshold used by the Court of Auditors to conclude on the legality and regularity of the underlying transactions.
For these errors, Member State authorities generally applied corrections in order toreduce the residual error rates for programmes to below the 2% materiality threshold.
Applying the 2% materiality threshold used by the Court of Auditors, the Commission has, as a key objective, to determine whether the error rate exceeds the materiality level.
(46) In order to establish the actual scope of the reservations,the Directors-General are asked to specify their criterion for defining the materiality threshold.
Therefore, when defining the materiality threshold, the competent authorities should take into account a variety of factors, including the specific risk characteristics of retail exposures.
The Member States applied financial corrections, extrapolating them as necessary,with a view to bringing the residual error rates below the materiality threshold of 2%.
The materiality threshold can have a significant impact on the calculation of capital requirements and expected losses for all institutions in the relevant jurisdiction, irrespective of the method used for such calculation.
Annex XII of Directive 2006/48/EC sets out disclosure requirements that banks,subject to a materiality threshold, have to make about their risk positions.
Reciprocating relevant authorities may therefore instead of applying the recommended threshold set a lower threshold for their jurisdictions where appropriate,or reciprocate the measure without any materiality threshold.
For FP6, the objective of the strategy is to ensure that, by the end of the fourth year of its implementation(2010),the residual error rate is below the materiality threshold of 2%.
The Court's conclusion for Agriculture and Natural Resources confirms the positive trend that in the past years themost likely error is close to the materiality threshold of 2%.
Rural development accounts for a disproportionately large part of the overall error whilefor EAGF expenditure the Court estimates the value of the error rate to be slightly below the materiality threshold(2%).
Control statistics received from Member States indicate as well that the error rate found at the level of final beneficiaries under the EAGF, which accounts for about 85% of total agriculture and rural development expenditure,is below the materiality threshold.