Summary of Capital Requirements
CA-3.11.10
The following table delineates the applicable stage of the CMLF and CMF on the asset side and associated capital charges.
Applicable Stage of the Contract Credit RW Market Risk Capital Charge 1 Commodities on banks' balance sheet for sale Total acquisition cost to the banks for the purchase of commodities, less the market value of the commodities as collateral, subject to any haircut and specific provisions. Not applicable* 2 Commodities sold and delivered to the customer Based on counterparty's rating or 100% RW for unrated customer. Not applicable * In the presence of a binding promise from the counterparty to purchase, and legally enforceable contract documentation, there will be no capital charge.
January 2015
