# 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 204

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

Where a credit derivative measured at fair value is used to manage the credit risk of all or part of a financial instrument that is designated at fair value through profit or loss at that occasion, the gains or losses of the financial instrument upon that designation shall be reported in ‘ Of which: gains or (-) losses upon designation of financial assets and liabilities designated at fair value through profit or loss for hedging purposes, net ’ . Subsequent fair value gains or losses on those financial instruments shall be reported in ‘ Of which: gains or (-) losses after the designation of financial assets and liabilities designated at fair value through profit or loss for hedging purposes, net ’ .

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/V/part/2/division/15/division/15.6/division/204 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-V/part-2/division-15/division-15.6/division-204
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.