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New version applies from 15/06/2016 — introduced by Commission Delegated Regulation (EU) 2016/822. 59 provisions change. Later versions: 29/11/2022, 07/03/2024. Article 60 changes in this version: compare with the current text.

Article 60 - The time horizons

Article 60
The time horizons

1. The time horizons used for stress tests shall be defined in accordance with Chapter VII and shall include forward-looking extreme but plausible market conditions.

2. The historical time horizons used for back tests shall include data from at minimum the most recent year or as long as a CCP has been clearing the relevant financial instrument if that is less than a year.

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