Updated 20/11/2024
In force

Version from: 09/07/2024
Amendments (2)
There is currently no Level 2 legal act based on or specifying Article 385.
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Article 385 - Alternative to using CVA methods for calculating own funds requirements

Attention! This article will be amended on 01/01/2025. Please consult Regulation 2024/1623 to review the changes that will be made to the article.

Article 385

Alternative to using CVA methods for calculating own funds requirements

As an alternative to Article 384, for instruments referred to in Article 382 and subject to the prior consent of the competent authority, institutions using the Original Exposure Method as laid down in Article 282 may apply a multiplication factor of 10 to the resulting risk-weighted exposure amounts for counterparty credit risk for those exposures instead of calculating the own funds requirements for CVA risk.