Updated 05/02/2025
In force

Initial Legal Act
Amendments
There is currently no Level 2 legal act based on or specifying Article 360.
QA2014_940 - Market risk
Status: Final
Updated: 26/03/2021
Art. 360
QA2015_1813 - Market risk
Status: Final
Updated: 26/03/2021
Art. 360(1)
QA1315 - Ancillary activity
Status: Final
Answered: 23/09/2022
Art. 360(1)
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CRR ToolCapital Requirements Regulation (CRR)
Article 360

Article 360 - Regulation 575/2013 (CRR)

Article 360

Simplified approach

1.   The institution's own funds requirement for each commodity shall be calculated as the sum of the following:

(a)

15 % of the net position, long or short, multiplied by the spot price for the commodity;

(b)

3 % of the gross position, long plus short, multiplied by the spot price for the commodity.

2.   The institution's overall own funds requirement for commodities risk shall be calculated as the sum of the own funds requirements calculated for each commodity in accordance with paragraph 1.