+Article 309 1.

Article 309 1.

An institution shall apply the following formula to calculate the own funds requirement for the exposures arising from its pre-funded contributions to the default fund of a non-qualifying CCP and from unfunded contributions to such CCP:

K = DF + UC
where:

K

=

the own funds requirement;

DF

=

the pre-funded contributions to the default fund of a non-qualifying CCP; and

UC

=

the unfunded contributions to the default fund of a non-qualifying CCP.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards