anx_III__cpt_7__cpt_1__point_c__point_ii__text_4

Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) · European Union

in step (b) the figure for potential future credit exposure for all contracts included in a netting agreement may be reduced according to the following formula: PCE_(red) = 0,4 * PCE_(gross) + 0,6 * NGR * PCE_(gross) where:

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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.