# Commission Delegated Regulation (EU) No 1187/2014 of 2 October 2014 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council as regards regulatory technical standards for determining the overall exposure to a client or a group of connected clients in respect of transactions with underlying assets (Text with EEA relevance), Article 3: Identification of exposures resulting from transactions

Extent: E+W+S+N.I.

1. An institution shall determine the contribution to the overall exposure to a certain client or group of connected clients that results from a certain transaction in accordance with the methodology set out in Articles 4, 5 and 6.
The institution shall determine separately for each of the underlying assets its exposure to this underlying asset in accordance with Article 5.
2. An institution shall assess whether a certain transaction constitutes an additional exposure in accordance with Article 7.

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Source: https://www.legislation.gov.uk/eur/2014/1187/article/3 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-1187/article-3
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.

