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New version applies from 17/02/2016. 29 provisions change. Later versions: 26/06/2020. Recital 4 changes in this version: compare with the current text.

Recital 4

Recital 4

(4)AVAs are determined only for the purpose of calculating adjustments to Common Equity Tier 1 capital, where necessary. AVAs do not affect the determination of the own funds requirements according to Article 92 of Regulation (EU) No 575/2013 (unless the derogation for small trading book business according to Article 94 of that Regulation applies).

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