30. The size of a position to be excluded in accordance with Article 352(2) of Regulation (EU) No …

The size of a position to be excluded in accordance with Article 352(2) of Regulation (EU) No 575/2013 should be determined in accordance with the following process:

• (a) by first calculating the maximum net open position in the relevant currency, in accordance with paragraph 31;
• (b) by then comparing the size of the structural position that the institution has taken for hedging the ratio and, depending on the size of that position, applying either paragraph 33 or paragraph 34.

1. Overview

1.1 References

• Article 352 Calculation of the overall net foreign exchange position

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/