26. Where the institution computes the own funds requirements of Regulation (EU) No 575/2013 for …

Where the institution computes the own funds requirements of Regulation (EU) No 575/2013 for market risk on a consolidated basis having the permission referred to in Article 325 of Regulation (EU) No 575/2013, and the position is net short at the level of either any subsets of institutions in the group within which the positions are offset as specified in that permission, or at the level of any other of the institutions within the group which are not included in that permission, the position in those subsets of institutions or in the other institutions outside the permission should be managed for the sole purpose of hedging the ratio to be considered eligible for the exemption.

1. Overview

1.1 References

• Article 325 Approaches for calculating the own funds requirements for market risk

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/