Updated 16/10/2025
Coming into force on 03/11/2025

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Article 5 - Delegated Regulation 2025/1265

Article 5

Method for determining whether a derivative transaction represents a long or a short position in its main risk driver

When determining whether a derivative position represents a long or a short position in its main risk driver as referred to in Article 94(3), Article 273a(3) and Article 325a(2) of Regulation (EU) No 575/2013, institutions shall apply either of the methods set out in Article 6 of Delegated Regulation (EU) 2021/931 to the main risk driver of the transaction.