The European Commission has published a corrigendum to a Delegated Regulation supplementing the Capital Requirements Regulation (CRR) with regard to regulatory technical standards for additional  liquidity outflows corresponding to collateral  needs resulting from the impact of an adverse market scenario on an institution’s derivatives transactions. The corrigendum amends a cross-reference to Article 412(1) of the CRR in Article 2(1) of the Delegated Regulation, which relates to the interpretation of materiality.

View Corrigendum to Commission Delegated Regulation of 31 October 2016 supplementing Regulation(EU) No 575/2013 of the European Parliament and of the Council with regard to regard to regulatory technical standards for additional  liquidity outflows corresponding to collateral  needs resulting from the impact of an adverse market scenario on an institution’s derivatives transactions, 23 December 2016