Art. 495u · Transitional provisions on the derogation for small trading book business institutions

Version in force 1 January 2027, Inserted +395 −0§

Amended by Regulation (EU) 2026/1221 32026R1221 on EUR-Lex (external, EUR-Lex)

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This is a newly inserted article allowing an institution that qualifies for the small trading book business treatment to use the approach described elsewhere in the Regulation for calculating own funds requirements for market risk on non-trading book positions exposed to foreign exchange or commodity risk.

The provision states this option applies until 31 December 2029.

Until 31 December 2029, an institution that is eligible for the treatment set out in Article 94 may apply the approach referred to in Article 325(2) to calculate its own funds requirements for market risk of non-trading book positions that are subject to foreign exchange risk or commodity risk.

Cited: Art. 495u, v2 (external, EUR-Lex)

v1 is the previous version, v2 this one.

Article 495u
Transitional provisions on the derogation for small trading book business institutions
Until 31 December 2029, an institution that is eligible for the treatment set out in Article 94 may apply the approach referred to in Article 325(2) to calculate its own funds requirements for market risk of non-trading book positions that are subject to foreign exchange risk or commodity risk.