1 Amendments of Rolandas PAKSAS related to 2014/0091(COD)
Amendment 128 #
Proposal for a directive
Article 20 – paragraph 1 – subparagraph 1 – point d
Article 20 – paragraph 1 – subparagraph 1 – point d
(d) investment in derivative instruments shall be possible insofar as they contribute to a reduction of investment risks or facilitate efficient portfolio management. They must be valued on a prudent basis, taking into account the underlying asset, and included in the valuation of the institution’s assets. The institution shall also avoid excessive risk exposure to a single counterparty and to other derivative operations;