{
  "url": "https://openlegislation.uk/eu-regulation-2014-680/annex-II/part-2/division-6/division-6.4/division-6.4.2",
  "json_url": "https://openlegislation.uk/eu-regulation-2014-680/annex-II/part-2/division-6/division-6.4/division-6.4.2.json",
  "legislation": "eur/2014/680",
  "legislation_title": "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)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2014-680",
  "path": "annex/II/part/2/division/6/division/6.4/division/6.4.2",
  "kind": "division",
  "number": "6.4.2",
  "heading": "Instructions concerning specific positions",
  "text": "Columns\n0005\nRANK\nThe rank is a row identifier and shall be unique for each row in the template. It shall follow the numerical order 1, 2, 3, etc., with 1 being assigned to the highest concentrated positions AVAs, 2 to the second highest and so on.\n0010\nRISK CATEGORY\nThe risk category (interest rates, FX, credit, equities, commodities) that most appropriately characterises the position.\nInstitutions shall report the following codes:\nIR – Interest Rates\nFX – Foreign exchange\nCR – Credit\nEQ – Equities\nCO – Commodities\n0020\nPRODUCT\nInternal name for the product or group of products in line with the product inventory required by point (a) of Article 19(3) of Delegated Regulation (EU) 2016/101.\n0030\nUNDERLYING\nInternal name of the underlying, or underlyings, in the case of derivatives or of the instruments in the case of non-derivatives.\n0040\nCONCENTRATED POSITION SIZE\nSize of the individual concentrated valuation position identified in accordance with point (a) of Article 14(1) of Delegated Regulation (EU) 2016/101, expressed in the unit described in column 0050.\n0050\nSIZE MEASURE\nUnit of size measure used internally as part of the identification of the concentrated valuation position to compute the concentrated position size referred in column 0040.\nIn the case of positions in bonds or equity, please report the unit used for internal risk management, such as ‘ number of bonds ’ , ‘ number of shares ’ or ‘ market value ’ .\nIn the case of position in derivatives, please report the unit used for internal risk management, such as ‘ PV01; EUR per 1 basis point parallel yield curve shift ’ .\n0060\nMARKET VALUE\nMarket value of the position.\n0070\nPRUDENT EXIT PERIOD\nThe prudent exit period in number of days estimated in accordance with point (b) of Article 14(1) of Delegated Regulation (EU) 2016/101.\n0080\nCONCENTRATED POSITIONS AVA\nThe concentrated positions AVA amount calculated in accordance with Article 14(1) of Delegated Regulation (EU) 2016/101 for the individual concentrated valuation position concerned.\n0090\nCONCENTRATED POSITION FAIR VALUE ADJUSTMENT\nThe amount of any fair value adjustments taken to reflect the fact that the aggregate position held by the institution is larger than the normal traded volume or larger than position sizes and on which quotes or trades, which are used to calibrate the price or inputs used by the valuation model, are based.\nThe amount reported shall correspond to the amount that has been applied to the individual concentrated valuation position concerned.\n0100\nIPV DIFFERENCE\nThe sum of unadjusted difference amounts ( ‘ IPV difference ’ ) calculated at the month end closest to the reporting date under the independent price verification process performed in accordance with Article 105(8) CRR, with respect to the best available independent data for the individual concentrated valuation position concerned.\nUnadjusted difference amounts shall refer to unadjusted differences between the valuations generated by the trading system and the valuations assessed during the monthly IPV process.\nNo adjusted difference amounts in the books and records of the institution for the relevant month end date shall be included in the calculation of IPV difference.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "F",
      "label": "F1",
      "text": "Substituted by Commission Implementing Regulation (EU) 2020/429 of 14 February 2020 amending Implementing Regulation (EU) No 680/2014 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)."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2014/680/annex/II/part/2/division/6/division/6.4/division/6.4.2",
    "retrieved_at": "2026-11-01T14:47:31.206584+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}