+Article 308 2.
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Article 308 2.
An institution shall calculate the own funds requirement to cover the exposure arising from its pre-funded contribution as follows:
where:
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Ki
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=
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the own funds requirement;
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i
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=
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the index denoting the clearing member;
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KCCP
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=
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the hypothetical capital of the QCCP communicated to the institution by the QCCP in accordance with Article 50c of Regulation (EU) No 648/2012;
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DFi
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=
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the pre-funded contribution;
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DFCCP
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=
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the pre-funded financial resources of the CCP communicated to the institution by the CCP in accordance with Article 50c of Regulation (EU) No 648/2012; and
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DFCM
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=
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the sum of pre-funded contributions of all clearing members of the QCCP communicated to the institution by the QCCP in accordance with Article 50c of Regulation (EU) No 648/2012.
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1. Overview
1.1 References
1.2 Identified Requirements
1.3 Related Standards
2. Identified Requirements
Requirements
| Source |
Requirement |
3. Related Standards
Standards
| Source |
Requirement |
- Builddate: 01.01.2027 00:00:00 -Doknr: CELEX:32013R0575
- EULAW -
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