SNA 2008 derivatives adjustments are valuation changes made by a reporting entity that are not related to the market value of the underlying derivative contract (e.g. credit valuation adjustment).Adjustments are calculated and applied at either the counterparty or portfolio level. 

Adjustments, where possible, should not be included in reported values. If adjustments cannot be removed from reported values, then any adjustments included in reported values must also be reported separately in the adjustment section at either the counterparty or portfolio level.