画绿色部分，第二句话说的是什么意思

老师，能否解释下流动性风险度量里计算出来的LVAR的代表意思～LVAR应该是考虑了流动性风险后的VAR，LVAR/VAR的值越大，是否说明流动性风险越大，那是不是这个比值越小越好呢？

老师好，这里的Liquidity horizons是对原来的99% 10天的Var进行调整吗？还是ES呀？谢谢

老师麻烦能解释一下第一条吗？为什么window越长，var曲线越稀疏

PFE和maximum PFE的区别和关联是什么？

老师，能简单举个例子说解释一下这里么？看视频完全看不懂

老师，你好~在CCP中，auction, variation margin haircutting, selective tear-up of position这三个在waterfall处于什么位置呢？为什么在图中的表格中没有显示出来？谢谢。

Capital conservation buffers have been established by the Basel Committee as part of measures designed to ensure that banks have enough capital to handle stress situations. Assuming no regulatory add-ons have been imposed, which of the following is correct? 请问此题为什么说是0 CB?有100% constraint on capital distribution? 这是怎么判断的，谢谢。

The risk management department at Southern Essex Bank is trying to assess the impact of the capital conservation and countercyclical buffers defined in the Basel III framework. They consider a scenario in which the bank’s capital and risk-weighted assets are as shown in the table below (all values are in EUR millions): Risk-weighted assets 3,110 Common equity Tier 1 (CET1) capital 230 Additional Tier 1 capital 34 Total Tier 1 capital 264 Tier 2 capital 81 Tier 3 capital - Total capital 345 Assuming that all Basel III phase-ins have occurred and that the bank’s required countercyclical buffer is 0.75%, which of the capital ratios does the bank satisfy? 请问此题若是满足CB，则capital conservation buffer应达到345/3110对么？谢谢

老师，书本这里说的异常是从min variance方面说吗？这段看到我有点懵😂