Art. 325aw · Correlations for foreign exchange risk

Version in force 27 June 2019, Inserted +184 −0§

Amended by Regulation (EU) 2019/876 32019R0876 on EUR-Lex (external, EUR-Lex)

Applies from: not readable (an inserted provision states its own application date only in prose) why

Not in every listWhat this means

Found in the text, but not every source lists it — the text comparison and the amending act's instructions found this change; the EU's own amendment metadata does not list it. The source that does not name it is the EU's own amendment metadata. All are shown; none is overruled.

Explanation, written by a model and checked against the cited text

This provision is newly added and sets a uniform correlation parameter of 60% to be applied when aggregating sensitivities to foreign exchange risk factors.

Cited: Art. 325aw, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 325aw
Correlations for foreign exchange risk
A uniform correlation parameter γbc equal to 60 % shall apply to the aggregation of sensitivities to foreign exchange risk factors.