+Article 325u 4.

Article 325u 4.

By way of derogation from paragraph 1, institution shall not apply the own funds requirement for residual risks to an instrument that meets any of the following conditions:

(a) 

the instrument is listed on a recognised exchange;

(b) 

the instrument is eligible for central clearing in accordance with Regulation (EU) No 648/2012;

(c) 

the instrument perfectly offsets the market risk of another position in the trading book, in which case the two perfectly matching trading book positions shall be exempted from the own funds requirement for residual risks.

1. Prezentare generală

,

1.1 Referințe

1.2 Cerințe identificate

1.3 Standarde asociate

2. Cerințe identificate

Cerințe

3. Standarde asociate

Standarde