EBU Single Rulebook Q&A 14 January 2019 2019_4458 Offset of Additional Value Adjustments (AVA) against day one profits deferral
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European Union · · · 29-11-2019
Under Article 8(3), is day one profit deferral eligible to offset the AVAs under Articles 9, to 17 of Regulation (EU) No. 2016 / 101? In order to address valuation uncertainty in the context of the application of prudential requirements, the CRR specifies prudent valuation requirements to be applied by institutions to their fair-valued positions.
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