24. DGSs or designated authorities should always apply a haircut to the value of the low-risk …

DGSs or designated authorities should always apply a haircut to the value of the low-risk assets provided as collateral, unless collateral is provided in cash in the same currency as the payment commitment. This implies that the value of the underlying asset is calculated as the market value of the asset less a certain percentage (haircut).

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/