+Article 106 1.

Article 106 1.

An internal hedge shall in particular meet the following requirements:

(a) 

it shall not be primarily intended to avoid or reduce own funds requirements;

(b) 

it shall be properly documented and subject to particular internal approval and audit procedures;

(c) 

it shall be dealt with at market conditions;

(d) 

the market risk that is generated by the internal hedge shall be dynamically managed in the trading book within the authorised limits;

(e) 

it shall be carefully monitored in accordance with adequate procedures.

1. Prezentare generală

,

1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe

3. Standarde asociate

Standarde
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