bank's business, often fee-based, that does not generally involve booking assets and taking deposits, e.g. swaps, options, letters of credit (as opposed to: "on-balance sheet business")
Hea teada
FR: opérations hors bilan [WPG-975]; activités hors bilan [WPG-975]
DE: ausserbilanzmässige Geschäfte [WPG-975]
In order to calculate the proportion that trading-book business bears to total business as in paragraph 6 (i) and (iii), the competent authorities may refer either to the size of the combined on- and off-balance-sheet business, to the profit and loss account or to the own funds of the institutions in question, or to a combination of those measurements.
