current market value

Defined in Article 4, IFR Regulation

Definitions over time (2)

1. 09/01/2024 – today applies on 11/11/2026 Article 4, IFR Regulation Scope: Whole act Also: CMV

   For the purposes of this Regulation, the following definitions apply:

   ‘current market value’ or ‘CMV’ means the net market value of the portfolio of transactions or securities legs subject to netting in accordance with Article 31, where both positive and negative market values are used in computing CMV;

2. 05/12/2019 – 25/12/2019 Article 4, IFR Regulation Scope: Whole act Also: CMV

   For the purposes of this Regulation, the following definitions apply:

   ‘current market value’ or ‘CMV’ means the net market value of the portfolio of transactions or securities legs subject to netting in accordance with Article 31, where both positive and negative market values are used in computing CMV;

Used in (14 places in 6 provisions on 11/11/2026)

IFR Regulation (14 in 6)

Recital 26 · Article 4³ · Article 28³ · Article 29 · Article 30⁴ · Article 32²