Article 279

Path:
Capital Requirements Regulation (CRR) > PART THREE > TITLE II > CHAPTER 6 > Section 5 > Article 279
Title:
Article 279
Description: 
Treatment of collateral
Main content: 

For the determination of risk positions, institutions shall treat collateral as follows:

(a) collateral received from a counterparty shall be treated as an obligation to the counterparty under a derivative contract (short position) that is due on the day the determination is made;

(b) collateral posted with the counterparty shall be treated as a claim on the counterparty (long position) that is due on the day the determination is made.