(a) CRR — REGULATION (EU) No 575/2013 OF THE EUROPEAN PARLIAMENT AND…

(a)

CRR

REGULATION (EU) No 575/2013 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance) · European Union

for an instrument subject to a cash flow schedule, M shall be calculated according to the following formula: M = max1,min(Σ_(t)t · CF_(t) / Σ_(t)CF_(t)),5 where CF_(t) denotes the cash flows (principal, interest payments and fees) contractually payable by the obligor in period t;

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Source: EUR-Lex (Cellar) · retrieved 2026-09-25 · Text as adopted (Official Journal); later amendments are not incorporated in this text.