CRR Art. 383o: every consolidated version and what changed

in force 2025-01-01 INSERTED+352 −0§

Amended by Regulation (EU) 2024/1623 32024R1623 · Regulation (EU) 2024/2987 32024R2987 · Regulation (EU) 2024/2795 32024R2795

applies from: unknown (an inserted provision states its own application date only in prose)

This is a new article setting a uniform correlation parameter of 60% for aggregating sensitivities to delta foreign exchange risk factors across buckets.

It also sets the same 60% uniform correlation parameter for aggregating sensitivities to vega foreign exchange risk factors across buckets.

Cited: Art. 383o, v2

text before / after

inserted text (02013R0575-20250101)

Article 383o
Correlations for foreign exchange risk
1. A uniform correlation parameter equal to 60 % shall apply to the aggregation of sensitivities to delta foreign exchange risk factor across buckets.
2. A uniform correlation parameter equal to 60 % shall apply to the aggregation of sensitivities to vega foreign exchange risk factor across buckets.

in force 2024-07-09 INSERTED§

Amended by Regulation (EU) 2024/1623 32024R1623

applies from: unknown

Sources disagree — the amending act's instructions found this change; the text comparison finds no difference in the provision's text and the EU's own amendment metadata does not list it. All are shown; none is overruled.

No explanation shipped — the structural diff did not see this change, so it carries no text; another signal named the unit and the disagreement ships as `disputed`.

text before / after, on the event page →