Commission Delegated Regulation (EU) 2017/208 of 31 October 2016 supplementing Regulation (EU) No 575/2013

as it stood on 2016-10-31, permalink: /eu-eurlex/32017r0208/2016-10-31

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Outline, 3 provisions

art_1 art_2 art_3

art_1 #art_1

Article 1

An institution's derivatives transactions shall be considered material for the purposes of the first subparagraph of Article 423(3) of Regulation (EU) No 575/2013 where the total of notional amounts of such transactions has exceeded 10 % of the net liquidity outflows as referred to in Article 412(1) of Regulation (EU) No 575/2013 at any time in the previous two years.
For the purposes of paragraph 1, the net liquidity outflows shall be calculated without the additional outflow component referred to in the first subparagraph of Article 423(3) of Regulation (EU) No 575/2013.

art_2 #art_2

Article 2

The additional outflow corresponding to collateral needs resulting from the impact of an adverse market scenario on an institution's derivatives transactions considered as material in application of Article 1 of this Regulation, shall be the largest absolute net 30-day collateral flow realised during the 24 months preceding the date of calculation of the liquidity coverage requirement referred to in Article 412(1) of Regulation (EU) No 575/2013.
Institutions may only treat inflows and outflows of transactions on a net basis where they are executed under the same master netting agreement. The absolute net collateral flow shall be based on both realised outflows and inflows, and the netting shall be calculated at the institution's portfolio level.

art_3 #art_3

Article 3

This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union.

Provenance and validity dates, identifier, hash

as of	2016-10-31 → this version applied
valid	2016-10-31 → open publisher-asserted
type	REG_DEL Commission Delegated Regulation (EU) 2017/208 of 31 October 2016 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards for additional liquidity outflows corresponding to collateral needs resulting from the impact of an adverse market scenario on an institution's derivatives transactions (Text with EEA relevance. )
language	en
published	2016-10-31
lex_id	eu-eurlex:32017r0208:2016-10-31
record sha256	48f811797bcd94c04d07938c7a29aa695328e11aa1556edd9e2a7aa945d9901b

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index built	2026-08-07T19:46:23Z · corpus 8d5e859
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