+Article 303 1.

Article 303 1.

An institution that acts as a clearing member, either for its own purposes or as a financial intermediary between a client and a CCP, shall calculate the own funds requirements for its exposures to a CCP as follows:

(a) 

it shall apply the treatment set out in Article 306 to its trade exposures with the CCP;

(b) 

it shall apply the treatment set out in Article 307 to its default fund contributions to the CCP.

1. Forbhreathnú

,

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin