+CHAPTER 4 Own funds requirements for commodities risk
---+Article 355 Choice of method for commodities risk
---+Article 356 Ancillary commodities business
------+Article 356 1.
------+Article 356 2.
---+Article 357 Positions in commodities
------+Article 357 1.
------+Article 357 2.
------+Article 357 3.
------+Article 357 4.
---+Article 358 Particular instruments
------+Article 358 1.
------+Article 358 2.
------+Article 358 3.
------+Article 358 4.
------+Article 358 5.
---+Article 359 Maturity ladder approach
------+Article 359 1.
------+Article 359 2.
------+Article 359 3.
------+Article 359 4.
------+Article 359 5.
------+Article 359 6.
---+Article 360 Simplified approach
------+Article 360 1.
------+Article 360 2.
---+Article 361 Extended maturity ladder approach
|
CHAPTER 4 Own funds requirements for commodities risk
CHAPTER 4 Own funds requirements for commodities risk
1. Overview
| Summary |
Regulation |
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Article 355 Choice of method for commodities risk
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Article 355
Choice of method for commodities risk
Subject to Articles 356 to 358, institutions shall calculate the own funds requirement for commodities risk with one of the methods set out in Article 359, 360 or 361.
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Article 356 Ancillary commodities business
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Article 357 Positions in commodities
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Article 358 Particular instruments
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Article 359 Maturity ladder approach
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Article 360 Simplified approach
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Article 361 Extended maturity ladder approach
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Article 361
Extended maturity ladder approach
Institutions may use the minimum spread, carry and outright rates set out in the following Table 2 instead of those indicated in Article 359 provided that the institutions:
(a)
undertake significant commodities business;
(b)
have an appropriately diversified commodities portfolio.
▼M17 —————
▼C2
Table 2
|
|
Precious metals (except gold)
|
Base metals
|
Agricultural products (softs)
|
Other, including energy products
|
|
Spread rate (%)
|
1,0
|
1,2
|
1,5
|
1,5
|
|
Carry rate (%)
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0,3
|
0,5
|
0,6
|
0,6
|
|
Outright rate (%)
|
8
|
10
|
12
|
15
|
▼M17
Institutions shall notify the use they make of this Article to their competent authorities.
|
,
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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