in force 2025-01-01 INSERTED+386 −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)
A new Article 495h has been inserted, allowing institutions to use the alternative internal model approach to calculate own funds requirements for market risk, until 1 January 2026, for trading desks that do not meet the requirements of Article 325bg, by way of derogation from Article 325az(2), point (d).
Cited: Art. 495h, v2
text before / after
inserted text (02013R0575-20250101)
Article 495h Transitional arrangements for the use of the alternative internal model approach for market risk By way of derogation from Article 325az(2), point (d), institutions may use, until 1 January 2026, the alternative internal model approach to calculate their own funds requirements for market risk for trading desks that do not meet the requirements laid down in Article 325bg.