lexiara

(c)

Text with EEA relevance.

for positions that are marked-to-model, the extent to which the institution can: identify all material risks of the position; hedge all material risks of the position with instruments for which an active, liquid two-way market exists; derive reliable estimates for the key assumptions and parameters used in the model;

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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.