Leverage Ratio: C45.00 (LRCalc) r010: SFTs exposure according to CRR 220

BCBS rules text on the leverage ratio are neither applicable to the Regulation (EU) No 575/2013 (CRR) nor to the Regulation (EU) No 680/2014 13 ITS on supervisory reporting of institutionsan ITS adopted by the European Commission. The CRR leverage exposure for SFTs is indeed not fully calculated the same way as provided by the Basel 3 rules text of December 2010. Note that on 12 January 2014, the Basel rules text on the Leverage Ratio was modified, which might lead to other discrepancies. Article 220 (1) to (3) of the CRR encompasses the volatility adjustments so they should be taken into account when calculating the exposure for the purpose of the CRR leverage ratio. Cash received or any security provided to a counterparty that remain on the balance sheet are included in "Other assets " (C 45.00, r100) because they are "accounting " exposures, therefore they do not need to include volatility adjustments that are calculated for the purpose of a specific credit exposure on SFTs, reported in {C 45.00, r010} or {C 45.00, row 020}.   *As of 1/8/2014 the content of this answer was modified to reflect the publication of the final ITS on supervisory reporting of institutions in the Official Journal of the European Union. As a result, the references to the ITS were updated and the disclaimer deleted. For reasons of transparency, revisions are highlighted in track changes.