Commission Delegated Regulation (EU) 2016/467 ANNEX II

ANNEX IISupplementary provisions

ANNEX II Annex XVIII to Delegated Regulation (EU) 2015/35 is amended as follows: (1) In point (2)(b) of part C, the first sentence shall be replaced by the following: ‘they include each of the following sub-modules of the standard formula excluding those within the scope of the partial internal model:’. (2) Point (2)(c) of part C shall be replaced by the following: ‘(c) they include the counterparty default risk module of the standard formula unless it is within the scope of the partial internal model.’.