+Article 379 1.

Article 379 1.

An institution shall be required to hold own funds, as set out in Table 2, where the following occurs:

(a) 

it has paid for securities, foreign currencies or commodities before receiving them or it has delivered securities, foreign currencies or commodities before receiving payment for them;

(b) 

in the case of cross-border transactions, one day or more has elapsed since it made that payment or delivery.



Table 2

Capital treatment for free deliveries

Column 1

Column 2

Column 3

Column 4

Transaction Type

Up to first contractual payment or delivery leg

From first contractual payment or delivery leg up to four days after second contractual payment or delivery leg

From 5 business days post second contractual payment or delivery leg until extinction of the transaction

Free delivery

No capital charge

Treat as an exposure

Treat as an exposure risk weighted at 1 250 %

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards
  • Builddate: 01.01.2027 00:00:00 -Doknr: CELEX:32013R0575
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