{
  "url": "https://openlegislation.uk/eu-regulation-2019-2033/article-16",
  "json_url": "https://openlegislation.uk/eu-regulation-2019-2033/article-16.json",
  "legislation": "eur/2019/2033",
  "legislation_title": "Regulation (EU) 2019/2033 of the European Parliament and of the Council of 27 November 2019 on the prudential requirements of investment firms and amending Regulations (EU) No 1093/2010, (EU) No 575/2013, (EU) No 600/2014 and (EU) No 806/2014 (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2019-2033",
  "path": "article/16",
  "kind": "article",
  "number": "16",
  "heading": "RtC K‐factor requirement",
  "text": "The RtC K‐factor requirement is determined by the following formula:\nK‐AUM + K‐CMH + K‐ASA + K‐COH\nwhere:\nK‐AUM is equal to AUM measured in accordance with Article 17, multiplied by the corresponding coefficient in Article 15(2);\nK‐CMH is equal to CMH measured in accordance with Article 18, multiplied by the corresponding coefficient in Article 15(2);\nK‐ASA is equal to ASA measured in accordance with Article 19, multiplied by the corresponding coefficient in Article 15(2);\nK‐COH is equal to COH measured in accordance with Article 20, multiplied by the corresponding coefficient in Article 15(2).",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2019/2033/article/16",
    "retrieved_at": "2026-11-01T14:42:59.416439+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}