Updated 20/11/2024
In force

Version from: 09/07/2024
Amendments (1)
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Article 75 - Deduction and maturity requirements for short positions

Article 75

Deduction and maturity requirements for short positions

The maturity requirements for short positions referred to in point (a) of Article 45, point (a) of Article 59, point (a) of Article 69 and point (a) of Article 72h shall be considered to be met in respect of positions held where all the following conditions are met:

(a) 

the institution has the contractual right to sell on a specific future date to the counterparty providing the hedge the long position that is being hedged;

(b) 

the counterparty providing the hedge to the institution is contractually obliged to purchase from the institution on that specific future date the long position referred to in point (a).