# Commission Implementing Regulation (EU) No 680/2014 of 16 April 2014 laying down implementing technical standards with regard to supervisory reporting of institutions according to Regulation (EU) No 575/2013 of the European Parliament and of the Council (Text with EEA relevance), Division 154e

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

For the purposes of this template, ‘ upside uncertainty ’ shall mean the following: As determined by Article 8(2) of Delegated Regulation (EU) 2016/101, AVAs are calculated as the difference between the fair value and a prudent valuation that is determined on the basis of a 90 % confidence that institutions can exit the exposure at that point or better within the notional range of plausible values. The upside value or ‘ upside uncertainty ’ is the opposing point in the distribution of plausible values at which institutions are only 10 % confident that they can exit the position at that point or better. The upside uncertainty shall be calculated and aggregated on the same basis as the total AVA but substituting a 10 % level of certainty for the 90 % used when determining the total AVA.

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/II/part/2/division/6/division/6.2/division/6.2.1/division/154e (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-II/part-2/division-6/division-6.2/division-6.2.1/division-154e
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.