OpenLegislation

Division 2.3 Transactions subject to unfunded credit protectionF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. 8The maturity of the credit protection and that of the exposure must be reflected in the adjusted value of the credit protection according to the following formula

Annotations

Textual amendments

F1

Repealed by Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (Text with EEA relevance).