OpenLegislation

Division 22 F1

United Kingdom

Original text. Later amendments are not shown.

Institutions shall determine the ‘ accounting balance sheet values ’ in LR1 based on the applicable accounting framework in accordance with Article 4(1)(77) of the CRR. ‘ Accounting value assuming no netting or other CRM ’ refers to the accounting balance sheet value not taking into account any effects of netting or other credit risk mitigation.

Annotations

Textual amendments

F1

Substituted by Commission Implementing Regulation (EU) 2018/1627 of 9 October 2018 amending Implementing Regulation (EU) No 680/2014 as regards prudent valuation for supervisory reporting (Text with EEA relevance).