+Article 49 4.

Article 49 4.

Resolution authorities shall determine the value of liabilities arising from derivatives in accordance with the following:

(a) 

appropriate methodologies for determining the value of classes of derivatives, including transactions that are subject to netting agreements;

(b) 

principles for establishing the relevant point in time at which the value of a derivative position should be established; and

(c) 

appropriate methodologies for comparing the destruction in value that would arise from the close out and bail-in of derivatives with the amount of losses that would be borne by derivatives in a bail-in.

1. Overview

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1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards