85. For the purposes of Article 26e(2) of Regulation (EU) 2017/2402, if the amount of the …

For the purposes of Article 26e(2) of Regulation (EU) 2017/2402, if the amount of the underlying exposure covered by the credit protection agreement is lower than the outstanding notional amount of the underlying exposure, the interim and final credit protection payments should be calculated in the same proportion (pro rata) to the share of the outstanding nominal amount covered by the credit protection agreement.

Determination of interim credit protection payment

1. Overview

1.1 References

• Article 26e 2.

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/