# Commission Delegated Regulation (EU) 2016/101 of 26 October 2015 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for prudent valuation under Article 105(14) (Text with EEA relevance), Article 2: Definitions

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

For the purpose of this Regulation the following definitions shall apply:
(a) ‘valuation position’ means a financial instrument or commodity or portfolio of financial instruments or commodities held in both trading and non-trading books, which are measured at fair value;
(b) ‘valuation input’ means a market observable or non-observable parameter or matrix of parameters that influences the fair value of a valuation position;
(c) ‘valuation exposure’ means the amount of a valuation position which is sensitive to the movement in a valuation input.

---
Source: https://www.legislation.gov.uk/eur/2016/101/article/2 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-101/article-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.