Article 16 | IFR | Regulation 2019/2033

Article 16 - RtC K‐factor requirement

Article 16

RtC K‐factor requirement

The RtC K‐factor requirement is determined by the following formula:

K‐AUM + K‐CMH + K‐ASA + K‐COH

where:

K‐AUM is equal to AUM measured in accordance with Article 17, multiplied by the corresponding coefficient in Article 15(2);

K‐CMH is equal to CMH measured in accordance with Article 18, multiplied by the corresponding coefficient in Article 15(2);

K‐ASA is equal to ASA measured in accordance with Article 19, multiplied by the corresponding coefficient in Article 15(2);

K‐COH is equal to COH measured in accordance with Article 20, multiplied by the corresponding coefficient in Article 15(2).

PART ONE - GENERAL PROVISIONS (Article 1-8)

PART TWO - OWN FUNDS (Article 9-10)

PART THREE - CAPITAL REQUIREMENTS (Article 11-34)

TITLE I - GENERAL REQUIREMENTS (Article 11-14)

TITLE II - K-FACTOR REQUIREMENT (Article 15-34)

CHAPTER 1 - General principles (Article 15)

CHAPTER 3 - RtM K‐Factors (Article 21-23)

CHAPTER 4 - RtF K‐factors (Article 24-33)

CHAPTER 5 - Environmental and social objectives (Article 34)

PART FOUR - CONCENTRATION RISK (Article 35-42)

PART FIVE - LIQUIDITY (Article 43-45)

PART SIX - DISCLOSURE BY INVESTMENT FIRMS (Article 46-53)

PART SEVEN - REPORTING BY INVESTMENT FIRMS (Article 54-55)

PART EIGHT - DELEGATED ACTS (Article 56)

PART NINE - TRANSITIONAL PROVISIONS, REPORTS, REVIEWS AND AMENDMENTS (Article 57-64)

PART TEN - FINAL PROVISIONS (Article 65-66)

Article 16 - RtC K‐factor requirement