EBU Single Rulebook Q&A 14 March 2014 2014_949 Eligible hedge of Credit Valuation Adjustment (CVA)

Please provide additional guidance on the scope of "other equivalent hedging instruments referencing the counterparty directly" For counterparty risks, different types of credit derivative instruments are considered eligible hedges in Regulation (EU) No 575/2013 (CRR), such as Credit Default Swaps (CDS), Credit Linked Notes (CLN), and Total Return Swaps (TRS) (Article 204).