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\"ESMA Q&A 1315 — Q&A — Simplified approach for regulatory capital [Answer Published]\"\nshortTitle: \"ESMA Q&A 1315 — Q&A — Simplified approach for regulatory capital [Answer Published]\"\nanswer_id: ESMA_QA_1315\ntopic: \"Ancillary activity\"\nstatus: \"Answer Published\"\ntype: qa\ninstrument_type: qa\nauthority: ESMA\nbinding: false\nbinding_character: non_binding\nlegal_status: in_force\nregulation: \"MiFIR\"\nmifir_level3: true\nmica_level2: false\nlegal_basis: \"MiFIR\"\ndate: 23 September 2022\nsource_link: https://www.esma.europa.eu/publications-data/questions-answers/1315\nlifecycle: \"Answer Published\"\ntext_version: \"ESMA Q&A register, 23 September 2022\"\nsource_url: \"https://www.esma.europa.eu/publications-data/questions-answers/1315\"\ncheck_status: matched\nverified: true\nlast_checked: 2026-10-26\nchecked_against: \"the ESMA publication\"\nsource:\n  prepared_by: \"ESMA\"\n  published_by: \"ESMA\"\n  published_in: \"ESMA Q&A tool\"\n  evidence:\n    prepared_by: \"ESMA Answer\"\n    locator: \"ESMA Q&A entry ESMA_QA_1315: field 'ESMA Answer', no 'Answer provided by' line\"\ndocument_type: \"qa_answer\"\nlegal_nature: \"not_legislation\"\naddressees: \"not stated in the document\"\ndates:\n  published_on: \"2022-09-23\"\n  question_submitted_on: \"2022-09-23\"\n  locators:\n    published_on: \"ESMA Q&A Excel export ESMA_QA_1315, column 'Esma responses', date line\"\n    question_submitted_on: \"ESMA Q&A Excel export ESMA_QA_1315, column 'Date of submission'\"\nlifecycle_label: \"Answer Published\"\n---\n\n**Answer by ESMA, published in its Q&A tool · not legislation · published 23 Sep 2022 [Answer Published]**\n\n*Answer Published · ESMA Q&A register, 23 September 2022 · Checked against the ESMA publication on 26 Oct 2026 · [Official source](https://www.esma.europa.eu/publications-data/questions-answers/1315)*\n\n| | |\n|---|---|\n| **Full title** | ESMA Q&A 1315 — Q&A — Simplified approach for regulatory capital \\[Answer Published\\] |\n| **Prepared by** | ESMA |\n| **Published by** | ESMA, in the ESMA Q&A tool |\n| **Reference** | ESMA_QA_1315 |\n| **Document type** | Q&A |\n| **Legal nature** | Not legislation |\n| **Addressees** | Not stated in the document |\n| **Dates** | Published 23 September 2022; question submitted 23 September 2022 |\n| **Legal basis** | MiFIR |\n| **Related instruments** | None recorded |\n| **Text on this page** | Word for word — the full text of the ESMA publication |\n\n**Simplified approach for regulatory capital requirements**\n\n### Question\n\nCDR 2021/1833 refers only to Article 360 of the CRR, while the ‘simplified approach for calculating regulatory capital requirements’ is contained in CRR Articles 357, 358 and 360. Is the text in CDR 2021/1833 self-contained or should firms refer to the whole of CRR?\n\n***\n\n### Answer\n\n\\[ESMA70-872942901-36 Commodity derivatives, Ancillary service, Q&A 13\\]\n\nArticle 5(1)(2)(3) of CDR 2021/1833 replicates the content of Articles 360(1) and 357(3) of Regulation (EU) No 575/2013 of 26 June 2013 (CRR). CDR 2021/1833 contains the stand-alone test that needs to be performed without firms having to refer to the rest of the articles that relate to commodity derivatives in the CRR. However, firms may find it useful to refer to the EBA Q&A on clarification of the treatment of positions in commodities for the purposes of calculating net and gross positions according to Article 360(1) of CRR.\n\n***\n\n**Source:** [ESMA original document](https://www.esma.europa.eu/publications-data/questions-answers/1315)\n"}