EBU Single Rulebook Q&A 25 November 2020 2020_5631 Conditions for the usage of the net present value when calculating open positions in each currency and in gold

According to Article 352(3) CRR, which requirements have to be met in order to consider the approach as applied consistently? According to Article 352(3) of Regulation (EU) No 575/2013 (CRR) as amended, institutions have the option to use the net present value when calculating the net open position in each currency and in gold, provided that the institution applies this approach consistently.