What changes on 30/06/2021

The text in force from 07/07/2017 compared with the text from 30/06/2021.

Read the act as of 30/06/2021 · other versions: 25/05/2025

Chapter 1

• inserted Article 1 - Method for identifying the risk drivers of a derivative transaction
• inserted Article 2 - Method for identifying transactions with only one material risk driver
• inserted Article 3 - Method for identifying transactions with more than one material risk driver
• inserted Article 4 - Method for identifying the material risk drivers and the most material of those risk drivers

Outside any heading

• inserted Recital 1
• inserted Recital 2
• inserted Recital 3
• inserted Recital 4
• inserted Recital 5
• inserted Recital 6
• inserted Recital 7
• inserted Recital 8
• inserted Recital 9
• inserted Recital 10
• inserted Recital 11
• inserted Recital 12
• inserted Recital 13
• inserted Preamble

Chapter 2

• inserted Article 5 - Formula to calculate the supervisory delta of call and put options mapped to the interest rate risk category and supervisory volatility suitable for such formula
• inserted Article 6 - Methods for determining whether a transaction is a long or short position in the primary risk driver or in the most material risk driver in a given risk category
• inserted Article 7 - Entry into force