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Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 Text with EEA relevance

article  383z

CELEX:  02013R0575-20250629

Correlations across buckets for commodity risk
1. The cross-bucket correlation parameter for commodity delta risk shall be set at:
(a) 20 %, where the two buckets fall within buckets 1 to 12 in Article 383x(1), Table 1;
(b) 0 %, where one of the two buckets is bucket 13 in Article 383x(1), Table 1.
2. The cross-bucket correlation parameter for commodity vega risk shall be set at:
(a) 20 %, where the two buckets fall within buckets 1 to 12 in Article 383x(1), Table 1;
(b) 0 %, where one of the two buckets is bucket 13 in Article 383x(1), Table 1.