OpenLegislation

Division 280 F1

United Kingdom

Original text. Later amendments are not shown.

For the purposes of the calculation of the threshold in Article 9(f) of this Regulation, the amount of ‘ net fee and commission income ’ shall be the absolute value of the difference between ‘ fee and commission income ’ and ‘ fee and commission expense ’ . For the same purposes, the amount of ‘ net interest ’ shall be the absolute value of the difference between ‘ interest income ’ and ‘ interest expenses ’ .

Annotations

Textual amendments

F1

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).