Open on EUR-Lex ↗
◷
New version applies from 29/06/2021 — introduced by Regulation (EU) 2019/876 (CRR II), IFR Regulation, Regulation (EU) 2020/873, Regulation (EU) 2021/558. 230 provisions change. Later versions: 30/09/2021, 10/04/2022, 08/07/2022, 01/01/2023, 28/06/2023, 09/01/2024, 09/07/2024, 01/01/2025, 29/06/2025, 01/01/2026, 26/06/2026, 01/01/2027. Article 279 changes in this version: compare with the current text.

Article 279 - Treatment of collateral

Article 279
Treatment of collateral

For the determination of risk positions, institutions shall treat collateral as follows:

(a)

collateral received from a counterparty shall be treated as an obligation to the counterparty under a derivative contract (short position) that is due on the day the determination is made;

(b)

collateral posted with the counterparty shall be treated as a claim on the counterparty (long position) that is due on the day the determination is made.

Official text · consolidated version 28/12/2020 (no longer in force) Open full page ↗
9 queries · page built in 91 msInventory f82bbfa3