lexiara

(a)

Text with EEA relevance.

all the positions assigned to the trading book in accordance with Article 104 shall be included in the calculation except for the following: positions concerning foreign exchange and commodities; positions in credit derivatives that are recognised as internal hedges against non-trading book credit risk exposures or counterparty risk exposures and the credit derivate transactions that perfectly offset the market risk of those internal hedges as referred to in Article 106(3);

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.