total gross revenue

Definitions over time (2)

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

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

‘total gross revenue’ means the annual operating income of an investment firm, in connection with the investment firm’s investment services and activities it is authorised to perform, including income stemming from interest receivable, from shares and other securities whether fixed yield or variable, from commission and fees, any gain and losses that the investment firm incurs on its trading assets, on assets held at fair value, or from hedging activities, but excluding any income which is not linked to the investment services and activities performed;
05/12/2019 – 25/12/2019 Article 4, IFR Regulation Scope: Whole act

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

‘total gross revenue’ means the annual operating income of an investment firm, in connection with the investment firm’s investment services and activities it is authorised to perform, including income stemming from interest receivable, from shares and other securities whether fixed yield or variable, from commission and fees, any gain and losses that the investment firm incurs on its trading assets, on assets held at fair value, or from hedging activities, but excluding any income which is not linked to the investment services and activities performed;

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