(157)

Article 325a is amended as follows: the title is replaced by the following: ‘ Conditions for using the simplified standardised approach ’; in paragraph 1, the introductory wording is replaced by the following: ‘An institution may calculate the own funds requirements for market risk by using the simplified standardised approach referred to in Article 325(1), point (c), provided that the size of the institution’s on- and off-balance-sheet business that is subject to market risk is equal to or less than each of the following thresholds, on the basis of an assessment carried out on a monthly basis using data as of the last day of the month:’ ; paragraph 2 is amended as follows: point (b) is replaced by the following: ; all non-trading book positions that are subject to foreign exchange risk or commodity risk shall be included, except those positions that are excluded from the calculation of the own funds requirements for foreign exchange risk in accordance with Article 104c or that are deducted from the institutions’ own funds;’ point (f) is replaced by the following: ; the absolute value of the aggregated long position shall be summed with the absolute value of the aggregated short position.’ the following subparagraphs are added: ‘For the purposes of the first subparagraph, the meaning of long and short positions is the same as the meaning set out in Article 94(3). For the purposes of the first subparagraph, the value of the aggregated long (short) position shall be equal to the sum of the values of the individual long (short) positions included in the calculation in accordance with points (a) and (b) of that subparagraph.’ ; in paragraph 5, the introductory wording is replaced by the following: ‘Institutions shall cease to calculate the own funds requirements for market risk in accordance with the approach referred to in Article 325(1), point (c), within three months of either of the following cases:’ ; paragraph 6 is replaced by the following: ‘6. An institution that has ceased to calculate the own funds requirements for market risk using the approach referred to in Article 325(1), point (c), shall only be permitted to start calculating the own funds requirements for market risk using that approach where it demonstrates to the competent authority that all of the conditions set out in paragraph 1 of this Article have been met for an uninterrupted period of one year.’ ; paragraph 8 is deleted;

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Source: EUR-Lex CELLAR · retrieved 2026-09-04 · Text as adopted (Official Journal); later amendments are not incorporated in this text.