54. For the purpose of assigning retail exposures to a grade or pool as part of the credit approval …

For the purpose of assigning retail exposures to a grade or pool as part of the credit approval process in accordance with Article 172(2) of Regulation (EU) No 575/2013 as well as for the purpose of the review of those assignments in accordance with Article 173(2) of that Regulation, institutions should ensure that each and every IRB exposure is rated by the institution with the model approved to be used on a given type of exposures. This model should fit the single original obligor or exposure within the applicable rating system, including exposures secured by unfunded credit protection as referred to in Article 164(2) of that Regulation.

1. Overview

1.1 References

• Article 172 2.

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA -

  EN: Guidelines and other publications of the European Banking Authority (EBA), https://www.eba.europa.eu/. © European Banking Authority. Reproduction is authorised provided the source is acknowledged (EBA legal notice). Divided into sections and converted into the GRCA format, the wording unchanged. Only the versions published by the EBA are authoritative.

  DE: Leitlinien und weitere Veröffentlichungen der Europäischen Bankenaufsichtsbehörde (EBA), https://www.eba.europa.eu/. © European Banking Authority. Wiedergabe mit Quellenangabe gestattet (Rechtlicher Hinweis der EBA). In Abschnitte aufgeteilt und in das GRCA-Format umgewandelt, der Wortlaut unverändert. Maßgeblich sind allein die von der EBA veröffentlichten Fassungen.