Reset to Today

To access the FCA Handbook Archive choose a date between 1 January 2001 and 31 December 2004.

Content Options:

Content Options

Alternative versions

  1. Point in time
    2024-12-18

Article 3 Identification of exposures resulting from transactions

  1. (1)

    An institution shall determine the contribution to the overall exposure to a certain client or group of connected clients that results from a certain transaction in accordance with the methodology set out in Articles 4, 5 and 6.

    The institution shall determine separately for each of the underlying assets its exposure to this underlying asset in accordance with Article 5.

  2. (2)

    An institution shall assess whether a certain transaction constitutes an additional exposure in accordance with Article 7.