Skip to main content

AI Summary of Article 72g Deduction base for eligible liabilities items

This summary concerns the provisions outlined in Article 72e(1), specifically points (b), (c), and (d). Institutions are required to deduct the gross long positions, adhering to the exceptions articulated in Articles 72h and 72i. This directive underscores the importance of compliance in managing position limits while ensuring that exceptions are judiciously applied.

It is imperative for legal and compliance professionals to remain vigilant in implementing these provisions effectively. The regulatory landscape requires a robust framework to navigate the intricacies of position deductions, thereby safeguarding the institutions' adherence to statutory requirements.

Version status: Inserted | Document consolidation status: Updated to reflect all known changes
Version date: 27 June 2019 - onwards

Article 72g Deduction base for eligible liabilities items

For the purposes of points (b), (c) and (d) of Article 72e(1), institutions shall deduct the gross long positions subject to the exceptions laid down in Articles 72h and 72i.