> ## Documentation Index
> Fetch the complete documentation index at: https://docs.activeviam.com/llms.txt
> Use this file to discover all available pages before exploring further.

# ACR

> The aggregate capital requirement (ACR) for market risk under Basel MAR33.43, combining IMA and SA capital charges across all desks, with Euler, Incremental, and Spot variations available

<Badge color="gray" size="lg">[ima](../tags/ima)</Badge>

|                 |                                                                                                                                                      |
| --------------- | ---------------------------------------------------------------------------------------------------------------------------------------------------- |
| **Description** | The aggregate capital requirement for market risk                                                                                                    |
| **Variations**  | [euler](./euler), [incremental](./incremental), [spot](./spot)                                                                                       |
| **Reference**   | [\[MAR33.43\]](https://www.bis.org/basel_framework/chapter/MAR/33.htm?inforce=20230101\&published=20200327#paragraph_MAR_33_20230101_33_43)          |
| **Formula**     | $\displaystyle ACR_{total}=min\left \{ IMA_{GA}+ CapitalSurcharge + C_U; SA_{all\text{ }desk}\right \} + max\left \{ 0;IMA_{G,A}-SA_{G,A} \right \}$ |