381. In making the assessment, competent authorities should consider the following aspects:
a. the current level of the leverage ratio compared to peers and, if applicable, the distance of the ratio from the regulatory minimum limit;
b. the change in the institution's leverage ratio, including the foreseeable impact of current and future expected losses on the leverage ratio. Competent authorities should also consider the potential impact on the leverage ratio of current and foreseeable growth of exposures considered in the ratio;
c. the extent to which there is a risk of excessive leverage arising from different stress events (also covered in Section 7.7); and
d. whether there could be a risk of excessive leverage for specific institutions that are not adequately considered in the leverage ratio.