+Article 402 2.

Article 402 2.

►M17  For the calculation of exposure values for the purposes of Article 395, institutions may, except where prohibited by applicable national law, reduce the value of an exposure or any part of an exposure that is secured by commercial immovable property in accordance with Article 126(1) by the pledged amount of the property value, but by not more than 55 % of the property value, provided that all of the following conditions are met: ◄

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(a) 

the competent authorities have not set a risk weight higher than 60 % for exposures or parts of exposures secured by commercial immovable property in accordance with Article 124(9);

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(b) 

the exposure is fully secured by any of the following:

(i) 

one or more mortgages on offices or other commercial premises; or

(ii) 

one or more offices or other commercial premises and the exposures related to property leasing transactions;

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(c) 

the requirements in Article 124(3), point (c), and in Article 208 and Article 229(1) are met;

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(d) 

the commercial immovable property is fully constructed.

1. Übersicht

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1.1 Referenzen

1.2 Identifizierte Anforderungen

1.3 Zugehörige Standards

2. Identifizierte Anforderungen

Anforderungen

3. Zugehörige Standards

Standards