art_284__para_5__text_1
CRR
Effective EE shall be calculated recursively as: Effective EE_(tk) = max Effective EE_(tk–1), EE_(tk) where: the current date is denoted as t_(0); Effective EE_(t0) equals current exposure.
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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.