Article 2 - Definition of ‘large number of material positions in debt instruments of different issuers’ according to Article 77(4) of Directive 2013/36/EU

An institution's specific risk portfolio shall be considered to comprise a large number of material positions in debt instruments of different issuers where the portfolio includes more than 100 positions, each of which is greater than EUR 2 500 000, whether those positions are net long or net short, as defined in Article 327 of Regulation (EU) No 575/2013.