EBU Single Rulebook Q&A 21 March 2014 2014_984 Treatment of Exposures to ‘Civil-law associations’
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European Union · · · 16-01-2015
In case of exposures to 2 different partners belonging to a group of connected clients (A). and belonging at the same time to a civil low association (B), as required by the ITS, the exposure to the civil low shall be added to the exposure of each partner. In our example, do we have to add the total civil law exposure (B) (in case we cannot define the pro-quota) to both partners?
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