# 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 4

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

Institutions shall assume that investors redeem a call option at the earliest possible date. For funding with options exercisable at the institution's discretion, reputational factors that may limit the institution's ability to exercise the option shall be taken into account. In particular, where the market expects certain liabilities to be redeemed before their legal final maturity date, institutions shall assume such behaviour.

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Source: https://www.legislation.gov.uk/eur/2014/680/annex/XIII/division/5/division/1/division/1.1/division/4 (the official version)
Page: https://openlegislation.uk/eu-regulation-2014-680/annex-XIII/division-5/division-1/division-1.1/division-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.