# 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 333

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

‘ Net cumulated recoveries ’ shall mean (i) the amount of cash or cash equivalents collected, net of related costs, in the context of collateral liquidations, of the sale of exposures and of risk transfers, respectively (ii) the value at initial recognition as defined in paragraph 175i of this Part of the collateral obtained in the context of outflows due to taking possession of collateral.

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/V/part/2/division/32/division/32.1/division/333 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-V/part-2/division-32/division-32.1/division-333
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.