In force

Version from: 26/06/2020
Amendments
Search within this legal act

Article 2 - Definitions

Article 2

Definitions

For the purpose of this Regulation the following definitions shall apply:

(a) 

valuation position’ means a financial instrument or commodity or portfolio of financial instruments or commodities held in both trading and non-trading books, which are measured at fair value;

(b) 

valuation input’ means a market observable or non-observable parameter or matrix of parameters that influences the fair value of a valuation position;

(c) 

valuation exposure’ means the amount of a valuation position which is sensitive to the movement in a valuation input.