+Article 41 1.

Article 41 1.

The following exposures shall be excluded from the requirements set out in Article 37:

(a) 

exposures which are entirely deducted from an investment firm’s own funds;

(b) 

exposures incurred in the ordinary course of the settlement of payment services, foreign currency transactions, securities transactions and the provision of money transmission;

(c) 

exposures constituting claims against:

(i) 

central governments, central banks, public sector entities, international organisations or multilateral development banks and exposures guaranteed by or attributable to such persons, where those exposures receive a 0 % risk weight under Articles 114 to 118 of Regulation (EU) No 575/2013;

(ii) 

the regional governments and local authorities of countries that are members of the European Economic Area;

(iii) 

central counterparties and default fund contributions to central counterparties.

1. Forbhreathnú

,

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

Ceanglais

3. Caighdeáin ghaolmhara

Caighdeáin