lexiara

art_15__para_1

1. For the purposes of point (c) of Article 11(1), the K‐factor requirement shall amount to at least the sum of the following: Risk‐to‐Client (RtC) K‐factors calculated in accordance with Chapter 2; Risk‐to‐Market (RtM) K‐factors calculated in accordance with Chapter 3; Risk‐to‐Firm (RtF) K‐factors calculated in accordance with Chapter 4.

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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.