+Article 386 3.

Article 386 3.

For the calculation of the own funds requirements for CVA risk in accordance with Article 384, only positions in the following hedging instruments shall be recognised as eligible hedges:

(a) 

single-name credit default swaps and single-name contingent-credit default swaps, referencing:

(i) 

the counterparty directly;

(ii) 

an entity legally related to the counterparty, where legally related refers to cases where the reference name and the counterparty are either a parent undertaking and its subsidiary or two subsidiaries of a common parent;

(iii) 

an entity that belongs to the same sector and region as the counterparty;

(b) 

index credit default swaps.

1. Übersicht

,

1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards