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Article 2 - Definitions

Article 2
Definitions

For the purpose of this Regulation the following definitions shall apply:

(a)

‘valuation position’ means a financial instrument or commodity or portfolio of financial instruments or commodities held in both trading and non-trading books, which are measured at fair value;

(b)

‘valuation input’ means a market observable or non-observable parameter or matrix of parameters that influences the fair value of a valuation position;

(c)

‘valuation exposure’ means the amount of a valuation position which is sensitive to the movement in a valuation input.

Official text · consolidated version 26/06/2020 (in force) Open full page ↗
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