(17)It is necessary to provide for the concept of a ‘trading book’ comprising positions in securities and other financial instruments which are held for trading purposes and which are subject mainly to market risks and exposures relating to certain financial services provided to customers.
◷
New version applies from 01/01/2014 — introduced by Capital Requirements Directive.
109 provisions change.
Recital 17 is deleted from 01/01/2014.