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Capital Requirements Regulation (CRR)
Article 429f

Article 429f - Calculation of the exposure value of off-balance-sheet items

Status
In force
Selected consolidated version from
30/09/2021
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Article 429f

Calculation of the exposure value of off-balance-sheet items

1.  
Institutions shall calculate, in accordance with Article 111(1), the exposure value of off-balance-sheet items, excluding derivative contracts listed in Annex II, credit derivatives, securities financing transactions and positions referred to in Article 429d.

Where a commitment refers to the extension of another commitment, Article 166(9) shall apply.

2.  
By way of derogation from paragraph 1, institutions may reduce the credit exposure equivalent amount of an off-balance-sheet item by the corresponding amount of specific credit risk adjustments. The calculation shall be subject to a floor of zero.
3.  
By way of derogation from paragraph 1 of this Article, institutions shall apply a conversion factor of 10 % to low-risk off-balance-sheet items referred to in point (d) of Article 111(1).

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