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Article 3 – Method of calculation of a significant fall in value for other non-derivative financial instruments ⬅️ | ➡️ Article 5 – Entry into force
Article 4 - Method of calculation of a significant fall in value for derivatives
A significant fall in value for financial instruments falling under the categories of derivatives listed in points (4) to (10) of Section C of Annex I to Directive 2004/39/EC and which have a sole underlying financial instrument that is traded on a trading venue and for which a significant fall in value has been specified in accordance with Article 2 or Article 3, shall be calculated by reference to the significant fall in value of the underlying financial instrument.