In force

Version from: 01/01/2023
Amendments
Search within this legal act

Article 335 - Cap on the own funds requirement for a net position

Article 335

Cap on the own funds requirement for a net position

The institution may cap the own funds requirement for specific risk of a net position in a debt instrument at the maximum possible default-risk related loss. For a short position, that limit may be calculated as a change in value due to the instrument or, where relevant, the underlying names immediately becoming default risk-free.