+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. Ħarsa ġenerali

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1.1 Referenzi

1.2 Rekwiżiti identifikati

1.3 Standards relatati

2. Rekwiżiti identifikati

Rekwiżiti

3. Standards relatati

Standards