+CHAPTER 3 Own funds requirements for foreign-exchange risk
---+Article 351 De minimisand weighting for foreign exchange risk
---+Article 352 Calculation of the overall net foreign exchange position
------+Article 352 1.
------+Article 352 3.
------+Article 352 4.
------+Article 352 5.
------+Article 352 6.
---+Article 353 Foreign exchange risk of CIUs
------+Article 353 1.
------+Article 353 2.
------+Article 353 3.
---+Article 354 Closely correlated currencies
------+Article 354 1.
------+Article 354 2.
------+Article 354 3.
------+Article 354 4.
------+Article 354 5.
------+Article 354 6.

CHAPTER 3 Own funds requirements for foreign-exchange risk

CHAPTER 3 Own funds requirements for foreign-exchange risk

1. Overview

,
Article 351 De minimisand weighting for foreign exchange risk

Article 351

De minimis and weighting for foreign exchange risk

If the sum of an institution’s overall net foreign exchange position and its net gold position, calculated in accordance with the procedure set out in Article 352, exceeds 2 % of its total own funds, the institution shall calculate an own funds requirement for foreign exchange risk. The own funds requirement for foreign exchange risk shall be the sum of its overall net foreign exchange position and its net gold position in the reporting currency, multiplied by 8 %.
Article 352 Calculation of the overall net foreign exchange position
Article 353 Foreign exchange risk of CIUs
Article 354 Closely correlated currencies

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards