+Article 37 3.

Article 37 3.

The exposure value with regard to an individual client or group of connected clients shall not exceed:

(a) 

500 % of the investment firm’s own funds, where 10 days or less have elapsed since the excess occurred;

(b) 

in aggregate, 600 % of the investment firm’s own funds, for any excesses that have persisted for more than 10 days.

1. Overview

,

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards