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Annex IV CALCULATING CAPITAL REQUIREMENTS FOR COMMODITIES RISKF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. 1Division 1
  2. 2Division 2
  3. 3Division 3
  4. 4Division 4
  5. 5Division 5
  6. 6For the purpose of point 19, the excess of an institution's long (short) positions over its short (long) positions in the same commodity and identical commodity futures, options and warrants shall be its net position in each commodity.
  7. 7The competent authorities may regard the following positions as positions in the same commodity:
  8. icular instrumentsPart icular instruments

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Repealed by Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential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).