The portion of the average currency spread that is attributable to a realistic assessment of expected losses, unexpected credit risk or any other risk referred to in Article 77d(3) and (4) of Directive 2009/138/EC shall be calculated in the same manner as the fundamental spread referred to in Article 77c (2) of Directive 2009/138/EC and Article 54 of this Regulation.
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New version applies from 30/01/2027 — introduced by Commission Delegated Regulation (EU) 2026/269.
173 provisions change.
Article 51 changes in this version: compare with the current text.
Article 51 - Risk-corrected spread
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Article 51
Risk-corrected spread