in force 2021-06-28 MODIFIED+99 −269§
Amended by Regulation (EU) 2019/2033 32019R2033 · Regulation (EU) 2019/876 32019R0876 · Regulation (EU) 2021/558 32021R0558 · Regulation (EU) 2020/873 32020R0873
applies from: unchanged
The article's heading changed from describing an alternative calculation of own funds requirement for exposures to a QCCP to addressing own funds requirements for unfunded contributions to the default fund of a QCCP.
The operative text replaced the formula-based calculation of Ki using trade exposures and pre-funded contributions with a single instruction that an institution apply a 0 % risk weight to its unfunded contributions to the default fund of a QCCP.
Cited: Art. 310, v1 · Art. 310, v2
text before / after
texts differ too much for an inline diff; shown separately
before (02013R0575-20201228)
Article 310 Alternative calculation of own funds requirement for exposures to a QCCP An institution shall apply the following formula to calculate the own funds requirement (Ki) for the exposures arising from its trade exposures and the trade exposures of its clients (TEi) and pre-funded contributions (DFi) to the default fund of a QCCP:Ki8% min2% TEi1250% DFi;20% TEi
after (02013R0575-20210629)
Article 310 Own funds requirements for unfunded contributions to the default fund of a QCCP An institution shall apply a 0 % risk weight to its unfunded contributions to the default fund of a QCCP.