+TITLE II CAPITAL REQUIREMENTS FOR CREDIT RISK
---+CHAPTER 4 Credit risk mitigation
------+Section 1 Definitions and general requirements
---------+Article 192 Definitions
---------+Article 193 Principles for recognising the effect of credit risk mitigation techniques
------------+Article 193 1.
------------+Article 193 2.
------------+Article 193 3.
------------+Article 193 4.
------------+Article 193 5.
------------+Article 193 6.
------------+Article 193 7.
---------+Article 194 Principles governing the eligibility of credit risk mitigation techniques
------------+Article 194 1.
------------+Article 194 2.
------------+Article 194 3.
------------+Article 194 4.
------------+Article 194 5.
------------+Article 194 6.
------------+Article 194 7.
------------+Article 194 8.
------------+Article 194 9.
------+Section 2 Eligible forms of credit risk mitigation
---------+Sub-Section 1 Funded credit protection
------------+Article 195 On-balance sheet netting
------------+Article 196 Master netting agreements covering repurchase transactions or securities or commodities lending or borrowing transactions or other capital market-driven transactions
------------+Article 197 Eligibility of collateral under all approaches and methods
---------------+Article 197 1.
---------------+Article 197 2.
---------------+Article 197 3.
---------------+Article 197 4.
---------------+Article 197 5.
---------------+Article 197 6.
---------------+Article 197 7.
---------------+Article 197 8.
------------+Article 198 Additional eligibility of collateral under the Financial Collateral Comprehensive Method
---------------+Article 198 1.
---------------+Article 198 2.
------------+Article 199 Additional eligibility for collateral under the IRB Approach
---------------+Article 199 1.
---------------+Article 199 2.
---------------+Article 199 3.
---------------+Article 199 4.
---------------+Article 199 4a.
---------------+Article 199 5.
---------------+Article 199 6.
---------------+Article 199 7.
---------------+Article 199 8.
------------+Article 200 Other funded credit protection
---------+Sub-Section 2 Unfunded credit protection
------------+Article 201 Eligibility of protection providers under all approaches
---------------+Article 201 1.
---------------+Article 201 2.
------------+Article 203 Eligibility of guarantees as unfunded credit protection
---------+Sub-Section 3 Types of derivatives
------------+Article 204 Eligible types of credit derivatives
---------------+Article 204 1.
---------------+Article 204 2.
---------------+Article 204 3.
------------+Article 204a Eligible types of equity derivatives
---------------+Article 204a 1.
---------------+Article 204a 2.
------+Section 3 Requirements
---------+Sub-Section 1 Funded credit protection
------------+Article 205 Requirements for on-balance sheet netting agreements other than master netting agreements referred to in Article 206
------------+Article 206 Requirements for master netting agreements covering repurchase transactions or securities or commodities lending or borrowing transactions or other capital market driven transactions
------------+Article 207 Requirements for financial collateral
---------------+Article 207 1.
---------------+Article 207 2.
---------------+Article 207 3.
---------------+Article 207 4.
---------------+Article 207 5.
------------+Article 208 Requirements for immovable property collateral
---------------+Article 208 1.
---------------+Article 208 2.
---------------+Article 208 3.
---------------+Article 208 3a.
---------------+Article 208 4.
---------------+Article 208 5.
------------+Article 209 Requirements for receivables
---------------+Article 209 1.
---------------+Article 209 2.
---------------+Article 209 3.
------------+Article 210 Requirements for other physical collateral
------------+Article 211 Requirements for treating lease exposures as collateralised
------------+Article 212 Requirements for other funded credit protection
---------------+Article 212 1.
---------------+Article 212 2.
---------+Sub-Section 2 Unfunded credit protection and credit linked notes
------------+Article 213 Requirements common to guarantees and credit derivatives
---------------+Article 213 1.
---------------+Article 213 2.
---------------+Article 213 3.
------------+Article 214 Sovereign and other public sector counter-guarantees
---------------+Article 214 1.
---------------+Article 214 2.
---------------+Article 214 3.
------------+Article 215 Additional requirements for guarantees
---------------+Article 215 1.
---------------+Article 215 2.
------------+Article 216 Additional requirements for credit derivatives
---------------+Article 216 1.
---------------+Article 216 2.
---------------+Article 216 3.
------+Section 4 Calculating the effects of credit risk mitigation
---------+Sub-Section 1 Funded credit protection
------------+Article 218 Credit linked notes
------------+Article 219 On-balance-sheet netting
------------+Article 220 Using the Supervisory Volatility Adjustments Approach for master netting agreements
---------------+Article 220 1.
---------------+Article 220 2.
---------------+Article 220 3.
---------------+Article 220 4.
---------------+Article 220 5.
------------+Article 221 Using the internal models approach for master netting agreements
---------------+Article 221 1.
---------------+Article 221 2.
---------------+Article 221 3.
---------------+Article 221 4.
---------------+Article 221 5.
---------------+Article 221 6.
---------------+Article 221 7.
---------------+Article 221 9.
------------+Article 222 Financial Collateral Simple Method
---------------+Article 222 1.
---------------+Article 222 2.
---------------+Article 222 3.
---------------+Article 222 4.
---------------+Article 222 5.
---------------+Article 222 6.
---------------+Article 222 7.
------------+Article 223 Financial Collateral Comprehensive Method
---------------+Article 223 1.
---------------+Article 223 2.
---------------+Article 223 3.
---------------+Article 223 4.
---------------+Article 223 5.
---------------+Article 223 6.
---------------+Article 223 7.
------------+Article 224 Supervisory volatility adjustment under the Financial Collateral Comprehensive Method
---------------+Article 224 1.
---------------+Article 224 2.
---------------+Article 224 3.
---------------+Article 224 4.
---------------+Article 224 5.
---------------+Article 224 6.
------------+Article 226 Scaling up of volatility adjustment under the Financial Collateral Comprehensive Method
------------+Article 227 Conditions for applying a 0 % volatility adjustment under the Financial Collateral Comprehensive Method
---------------+Article 227 1.
---------------+Article 227 2.
---------------+Article 227 3.
------------+Article 228 Calculating risk-weighted exposure amounts under the Financial Collateral Comprehensive method for exposures treated under the Standardised Approach
------------+Article 229 Valuation principles for eligible collateral other than financial collateral
---------------+Article 229 1.
---------------+Article 229 2.
---------------+Article 229 3.
---------------+Article 229 4.
------------+Article 230 Calculating risk-weighted exposure amounts and expected loss amounts for an exposure with an eligible funded credit protection under the IRB Approach
---------------+Article 230 1.
---------------+Article 230 2.
---------------+Article 230 3.
---------------+Article 230 4.
---------------+Article 230 5.
------------+Article 231 Calculating risk-weighted exposure amounts and expected loss amounts in the case of pools of eligible funded credit protection for an exposure treated under the IRB Approach
------------+Article 232 Other funded credit protection
---------------+Article 232 1.
---------------+Article 232 2.
---------------+Article 232 3.
---------------+Article 232 4.
---------+Sub-Section 2 Unfunded credit protection
------------+Article 233 Valuation
---------------+Article 233 1.
---------------+Article 233 2.
---------------+Article 233 3.
---------------+Article 233 4.
------------+Article 234 Calculating risk-weighted exposure amounts and expected loss amounts in the event of partial protection and tranching
------------+Article 235 Calculating risk-weighted exposure amounts under the substitution approach where the guaranteed exposure is treated under the Standardised Approach
---------------+Article 235 1.
---------------+Article 235 2.
---------------+Article 235 3.
------------+Article 235a Calculating risk-weighted exposure amounts and expected loss amounts under the substitution approach where the guaranteed exposure is treated under the IRB Approach and a comparable direct exposure to the protection provider is treated under the Standardised Approach
---------------+Article 235a 1.
---------------+Article 235a 2.
---------------+Article 235a 3.
---------------+Article 235a 4.
---------------+Article 235a 5.
------------+Article 236 Calculating risk-weighted exposure amounts and expected loss amounts under the substitution approach where the guaranteed exposure is treated under the IRB Approach without the use of own estimates of LGD and a comparable direct exposure to the protection provider is treated under the IRB Approach
---------------+Article 236 1.
---------------+Article 236 1a.
---------------+Article 236 1b.
---------------+Article 236 1c.
---------------+Article 236 1d.
---------------+Article 236 2.
---------------+Article 236 3.
------------+Article 236a Calculating risk-weighted exposure amounts and expected loss amounts under the substitution approach where the guaranteed exposure is treated under the IRB Approach using own estimates of LGD and a comparable direct exposure to the protection provider is treated under the IRB Approach
---------------+Article 236a 1.
---------------+Article 236a 2.
---------------+Article 236a 3.
---------------+Article 236a 4.
---------------+Article 236a 5.
------+Section 5 Maturity mismatches
---------+Article 237 Maturity mismatch
------------+Article 237 1.
------------+Article 237 2.
---------+Article 238 Maturity of credit protection
------------+Article 238 1.
------------+Article 238 2.
------------+Article 238 3.
---------+Article 239 Valuation of protection
------------+Article 239 1.
------------+Article 239 2.
------------+Article 239 3.
---+CHAPTER 5 Securitisation
------+Section 1 Definitions and criteria for simple, transparent and standardised securitisations
---------+Article 242 Definitions
---------+Article 243 Criteria for STS securitisations qualifying for differentiated capital treatment
------------+Article 243 1.
------------+Article 243 2.
------+Section 2 Recognition of significant risk transfer
---------+Article 244 Traditional securitisation
------------+Article 244 1.
------------+Article 244 2.
------------+Article 244 3.
------------+Article 244 4.
------------+Article 244 5.
------------+Article 244 6.
---------+Article 245 Synthetic securitisation
------------+Article 245 1.
------------+Article 245 2.
------------+Article 245 3.
------------+Article 245 4.
------------+Article 245 5.
------------+Article 245 6.
---------+Article 246 Operational requirements for early amortisation provisions
------+Section 3 Calculation of risk-weighted exposure amounts
---------+Subsection 1 General Provisions
------------+Article 247 Calculation of risk-weighted exposure amounts
---------------+Article 247 1.
---------------+Article 247 2.
---------------+Article 247 3.
---------------+Article 247 4.
---------------+Article 247 5.
---------------+Article 247 6.
------------+Article 248 Exposure value
---------------+Article 248 1.
---------------+Article 248 2.
---------------+Article 248 3.
---------------+Article 248 4.
------------+Article 249 Recognition of credit risk mitigation for securitisation positions
---------------+Article 249 1.
---------------+Article 249 2.
---------------+Article 249 3.
---------------+Article 249 4.
---------------+Article 249 5.
---------------+Article 249 6.
---------------+Article 249 7.
---------------+Article 249 8.
---------------+Article 249 9.
---------------+Article 249 10.
------------+Article 250 Implicit support
---------------+Article 250 1.
---------------+Article 250 2.
---------------+Article 250 3.
---------------+Article 250 4.
---------------+Article 250 5.
------------+Article 251 Originator institutions’ calculation of risk-weighted exposure amounts securitised in a synthetic securitisation
---------------+Article 251 1.
---------------+Article 251 2.
------------+Article 252 Treatment of maturity mismatches in synthetic securitisations
------------+Article 253 Reduction in risk-weighted exposure amounts
---------------+Article 253 1.
---------------+Article 253 2.
---------+Subsection 2 Hierarchy of methods and common parameters
------------+Article 254 Hierarchy of methods
---------------+Article 254 1.
---------------+Article 254 2.
---------------+Article 254 3.
---------------+Article 254 4.
---------------+Article 254 5.
---------------+Article 254 6.
---------------+Article 254 7.
---------------+Article 254 8.
------------+Article 255 Determination of KIRBand KSA
---------------+Article 255 1.
---------------+Article 255 2.
---------------+Article 255 3.
---------------+Article 255 4.
---------------+Article 255 5.
---------------+Article 255 6.
---------------+Article 255 7.
---------------+Article 255 8.
---------------+Article 255 9.
------------+Article 256 Determination of attachment point (A) and detachment point (D)
---------------+Article 256 1.
---------------+Article 256 2.
---------------+Article 256 3.
---------------+Article 256 4.
---------------+Article 256 5.
---------------+Article 256 6.
------------+Article 257 Determination of tranche maturity (MT)
---------------+Article 257 1.
---------------+Article 257 2.
---------------+Article 257 3.
---------------+Article 257 4.
---------+Subsection 3 Methods to calculate risk-weighted exposure amounts
------------+Article 258 Conditions for the use of the Internal Ratings Based Approach (SEC-IRBA)
---------------+Article 258 1.
---------------+Article 258 2.
------------+Article 259 Calculation of risk-weighted exposure amounts under the SEC-IRBA
---------------+Article 259 1.
---------------+Article 259 2.
---------------+Article 259 3.
---------------+Article 259 4.
---------------+Article 259 5.
---------------+Article 259 6.
---------------+Article 259 7.
---------------+Article 259 8.
------------+Article 260 Treatment of STS securitisations under the SEC-IRBA
------------+Article 261 Calculation of risk-weighted exposure amounts under the Standardised Approach (SEC-SA)
---------------+Article 261 1.
---------------+Article 261 2.
---------------+Article 261 3.
------------+Article 262 Treatment of STS securitisations under the SEC-SA
------------+Article 263 Calculation of risk-weighted exposure amounts under the External Ratings Based Approach (SEC-ERBA)
---------------+Article 263 1.
---------------+Article 263 2.
---------------+Article 263 3.
---------------+Article 263 4.
---------------+Article 263 5.
---------------+Article 263 6.
---------------+Article 263 7.
---------------+Article 263 8.
------------+Article 264 Treatment of STS securitisations under the SEC-ERBA
---------------+Article 264 1.
---------------+Article 264 2.
---------------+Article 264 3.
------------+Article 265 Scope and operational requirements for the Internal Assessment Approach
---------------+Article 265 1.
---------------+Article 265 2.
---------------+Article 265 3.
---------------+Article 265 4.
------------+Article 266 Calculation of risk-weighted exposure amounts under the Internal Assessment Approach
---------------+Article 266 1.
---------------+Article 266 2.
---------+Subsection 4 Caps for securitisation positions
------------+Article 267 Maximum risk weight for senior securitisation positions: look-through approach
---------------+Article 267 1.
---------------+Article 267 2.
---------------+Article 267 3.
---------------+Article 267 4.
------------+Article 268 Maximum capital requirements
---------------+Article 268 1.
---------------+Article 268 2.
---------------+Article 268 3.
---------------+Article 268 4.
---------+Subsection 5 Miscellaneous provisions
------------+Article 269 Re-securitisations
---------------+Article 269 1.
---------------+Article 269 2.
---------------+Article 269 3.
---------------+Article 269 4.
------------+Article 269a Treatment of non-performing exposures (NPE) securitisations
---------------+Article 269a 1.
---------------+Article 269a 2.
---------------+Article 269a 3.
---------------+Article 269a 4.
---------------+Article 269a 5.
---------------+Article 269a 6.
---------------+Article 269a 7.
------------+Article 270 Senior positions in STS on-balance sheet securitisations
---------------+Article 270 1.
---------------+Article 270 2.
---------------+Article 270 3.
---------------+Article 270 4.
------------+Article 270a Additional risk weight
---------------+Article 270a 1.
---------------+Article 270a 2.
------+Section 4 External credit assessments
---------+Article 270b Use of credit assessments by ECAIs
---------+Article 270c Requirements to be met by the credit assessments of ECAIs
---------+Article 270d Use of credit assessments
------------+Article 270d 1.
------------+Article 270d 2.
------------+Article 270d 3.
------------+Article 270d 4.
---------+Article 270e Securitisation mapping
---+CHAPTER 6 Counterparty credit risk
------+Section 1 Definitions
---------+Article 271 Determination of the exposure value
------------+Article 271 1.
------------+Article 271 2.
---------+Article 272 Definitions
------+Section 2 Methods for calculating the exposure value
---------+Article 273 Methods for calculating the exposure value
------------+Article 273 1.
------------+Article 273 2.
------------+Article 273 3.
------------+Article 273 4.
------------+Article 273 5.
------------+Article 273 6.
------------+Article 273 7.
------------+Article 273 8.
------------+Article 273 9.
---------+Article 273a Conditions for using simplified methods for calculating the exposure value
------------+Article 273a 1.
------------+Article 273a 2.
------------+Article 273a 3.
------------+Article 273a 4.
------------+Article 273a 5.
------------+Article 273a 6.
---------+Article 273b Non-compliance with the conditions for using simplified methods for calculating the exposure value of derivatives and the simplified approach for calculating the own funds requirements for CVA risk
------------+Article 273b 1.
------------+Article 273b 2.
------------+Article 273b 3.
------+Section 3 Standardised approach for counterparty credit risk
---------+Article 274 Exposure value
------------+Article 274 1.
------------+Article 274 2.
------------+Article 274 3.
------------+Article 274 4.
------------+Article 274 5.
------------+Article 274 6.
------------+Article 274 7.
---------+Article 275 Replacement cost
------------+Article 275 1.
------------+Article 275 2.
------------+Article 275 3.
---------+Article 276 Recognition and treatment of collateral
------------+Article 276 1.
------------+Article 276 2.
------------+Article 276 3.
---------+Article 277 Mapping of transactions to risk categories
------------+Article 277 1.
------------+Article 277 2.
------------+Article 277 3.
------------+Article 277 4.
------------+Article 277 5.
---------+Article 277a Hedging sets
------------+Article 277a 1.
------------+Article 277a 2.
------------+Article 277a 3.
---------+Article 278 Potential future exposure
------------+Article 278 1.
------------+Article 278 2.
------------+Article 278 3.
---------+Article 279 Calculation of the risk position
---------+Article 279a Supervisory delta
------------+Article 279a 1.
------------+Article 279a 2.
------------+Article 279a 3.
---------+Article 279b Adjusted notional amount
------------+Article 279b 1.
------------+Article 279b 2.
------------+Article 279b 3.
---------+Article 279c Maturity Factor
------------+Article 279c 1.
------------+Article 279c 2.
---------+Article 280 Hedging set supervisory factor coefficient
---------+Article 280a Interest rate risk category add-on
------------+Article 280a 1.
------------+Article 280a 2.
------------+Article 280a 3.
---------+Article 280b Foreign exchange risk category add-on
------------+Article 280b 1.
------------+Article 280b 2.
---------+Article 280c Credit risk category add-on
------------+Article 280c 1.
------------+Article 280c 2.
------------+Article 280c 3.
------------+Article 280c 4.
------------+Article 280c 5.
---------+Article 280d Equity risk category add-on
------------+Article 280d 1.
------------+Article 280d 2.
------------+Article 280d 3.
------------+Article 280d 4.
---------+Article 280e Commodity risk category add-on
------------+Article 280e 1.
------------+Article 280e 2.
------------+Article 280e 3.
------------+Article 280e 4.
------------+Article 280e 5.
---------+Article 280f Other risks category add-on
------------+Article 280f 1.
------------+Article 280f 2.
------+Section 4 Simplified standardised approach for counterparty credit risk
---------+Article 281 Calculation of the exposure value
------------+Article 281 1.
------------+Article 281 2.
------+Section 5 Original exposure method
---------+Article 282 Calculation of the exposure value
------------+Article 282 1.
------------+Article 282 2.
------------+Article 282 3.
------------+Article 282 4.
------+Section 6 Internal Model Method
---------+Article 283 Permission to use the Internal Model Method
------------+Article 283 1.
------------+Article 283 2.
------------+Article 283 3.
------------+Article 283 4.
------------+Article 283 5.
------------+Article 283 6.
---------+Article 284 Exposure value
------------+Article 284 1.
------------+Article 284 2.
------------+Article 284 3.
------------+Article 284 4.
------------+Article 284 5.
------------+Article 284 6.
------------+Article 284 7.
------------+Article 284 8.
------------+Article 284 9.
------------+Article 284 10.
------------+Article 284 11.
------------+Article 284 12.
------------+Article 284 13.
---------+Article 285 Exposure value for netting sets subject to a margin agreement
------------+Article 285 1.
------------+Article 285 2.
------------+Article 285 3.
------------+Article 285 4.
------------+Article 285 5.
------------+Article 285 6.
------------+Article 285 7.
------------+Article 285 7a.
------------+Article 285 8.
---------+Article 286 Management of CCR — Policies, processes and systems
------------+Article 286 1.
------------+Article 286 2.
------------+Article 286 3.
------------+Article 286 4.
------------+Article 286 5.
------------+Article 286 6.
------------+Article 286 7.
------------+Article 286 8.
---------+Article 287 Organisation structures for CCR management
------------+Article 287 1.
------------+Article 287 2.
------------+Article 287 3.
------------+Article 287 4.
---------+Article 288 Review of CCR management system
---------+Article 289 Use test
------------+Article 289 1.
------------+Article 289 2.
------------+Article 289 3.
------------+Article 289 4.
------------+Article 289 5.
------------+Article 289 6.
---------+Article 290 Stress testing
------------+Article 290 1.
------------+Article 290 2.
------------+Article 290 3.
------------+Article 290 4.
------------+Article 290 5.
------------+Article 290 6.
------------+Article 290 7.
------------+Article 290 8.
------------+Article 290 9.
------------+Article 290 10.
---------+Article 291 Wrong-Way Risk
------------+Article 291 1.
------------+Article 291 2.
------------+Article 291 3.
------------+Article 291 4.
------------+Article 291 5.
------------+Article 291 6.
---------+Article 292 Integrity of the modelling process
------------+Article 292 1.
------------+Article 292 2.
------------+Article 292 3.
------------+Article 292 4.
------------+Article 292 5.
------------+Article 292 6.
------------+Article 292 7.
------------+Article 292 8.
------------+Article 292 9.
------------+Article 292 10.
---------+Article 293 Requirements for the risk management system
------------+Article 293 1.
------------+Article 293 2.
------------+Article 293 3.
------------+Article 293 4.
------------+Article 293 5.
------------+Article 293 6.
---------+Article 294 Validation requirements
------------+Article 294 1.
------------+Article 294 2.
------------+Article 294 3.
------+Section 7 Contractual netting
---------+Article 295 Recognition of contractual netting as risk-reducing
---------+Article 296 Recognition of contractual netting agreements
------------+Article 296 1.
------------+Article 296 2.
------------+Article 296 3.
---------+Article 297 Obligations of institutions
------------+Article 297 1.
------------+Article 297 2.
------------+Article 297 3.
------------+Article 297 4.
---------+Article 298 Effects of recognition of netting as risk-reducing
------+Section 8 Items in the trading book
---------+Article 299 Items in the trading book
------------+Article 299 1.
------------+Article 299 2.
------+Section 9 Own funds requirements for exposures to a central counterparty
---------+Article 300 Definitions
---------+Article 301 Material scope
------------+Article 301 1.
------------+Article 301 2.
---------+Article 302 Monitoring of exposures to CCPs
------------+Article 302 1.
------------+Article 302 2.
---------+Article 303 Treatment of clearing members' exposures to CCPs
------------+Article 303 1.
------------+Article 303 2.
---------+Article 304 Treatment of clearing members' exposures to clients
------------+Article 304 1.
------------+Article 304 2.
------------+Article 304 3.
------------+Article 304 4.
------------+Article 304 5.
------------+Article 304 6.
------------+Article 304 7.
---------+Article 305 Treatment of clients' exposures
------------+Article 305 1.
------------+Article 305 2.
------------+Article 305 3.
------------+Article 305 4.
---------+Article 306 Own funds requirements for trade exposures
------------+Article 306 1.
------------+Article 306 2.
------------+Article 306 3.
------------+Article 306 4.
---------+Article 307 Own funds requirements for contributions to the default fund of a CCP
---------+Article 308 Own funds requirements for pre-funded contributions to the default fund of a QCCP
------------+Article 308 1.
------------+Article 308 2.
------------+Article 308 3.
---------+Article 309 Own funds requirements for pre-funded contributions to the default fund of a non-qualifying CCP and for unfunded contributions to a non-qualifying CCP
------------+Article 309 1.
------------+Article 309 2.
---------+Article 310 Own funds requirements for unfunded contributions to the default fund of a QCCP
---------+Article 311 Own funds requirements for exposures to CCPs that cease to meet certain conditions
------------+Article 311 1.
------------+Article 311 2.
---+CHAPTER 1 General principles
------+Article 107 Approaches to credit risk
---------+Article 107 1.
---------+Article 107 2.
---------+Article 107 3.
---------+Article 107 4.
------+Article 108 Use of credit risk mitigation techniques under the Standardised Approach and the IRB Approach for credit risk and dilution risk
---------+Article 108 1.
---------+Article 108 2.
---------+Article 108 3.
---------+Article 108 4.
---------+Article 108 5.
---------+Article 108 6.
------+Article 109 Treatment of securitisation positions
------+Article 110 Treatment of credit risk adjustment
---------+Article 110 1.
---------+Article 110 2.
---------+Article 110 3.
---------+Article 110 4.
------+Article 110a Monitoring of contractual arrangements that are not commitments
---+CHAPTER 2 Standardised approach
------+Section 1 General principles
---------+Article 111 Exposure value
------------+Article 111 1.
------------+Article 111 2.
------------+Article 111 3.
------------+Article 111 4.
------------+Article 111 5.
------------+Article 111 6.
------------+Article 111 7.
------------+Article 111 8.
---------+Article 112 Exposure classes
---------+Article 113 Calculation of risk-weighted exposure amounts
------------+Article 113 1.
------------+Article 113 2.
------------+Article 113 3.
------------+Article 113 4.
------------+Article 113 5.
------------+Article 113 6.
------------+Article 113 7.
------+Section 2 Risk weights
---------+Article 114 Exposures to central governments or central banks
------------+Article 114 1.
------------+Article 114 2.
------------+Article 114 3.
------------+Article 114 4.
------------+Article 114 7.
---------+Article 115 Exposures to regional governments or local authorities
------------+Article 115 -1.
------------+Article 115 1.
------------+Article 115 2.
------------+Article 115 3.
------------+Article 115 4.
------------+Article 115 5.
---------+Article 116 Exposures to public sector entities
------------+Article 116 1.
------------+Article 116 2.
------------+Article 116 3.
------------+Article 116 4.
------------+Article 116 5.
---------+Article 117 Exposures to multilateral development banks
------------+Article 117 1.
------------+Article 117 2.
------------+Article 117 3.
---------+Article 118 Exposures to international organisations
---------+Article 119 Exposures to institutions
------------+Article 119 1.
------------+Article 119 4.
------------+Article 119 5.
---------+Article 120 Exposures to rated institutions
------------+Article 120 1.
------------+Article 120 2.
------------+Article 120 3.
---------+Article 121 Exposures to unrated institutions
------------+Article 121 1.
------------+Article 121 2.
------------+Article 121 3.
---------+Article 122 Exposures to corporates
------------+Article 122 1.
------------+Article 122 2.
---------+Article 122a Specialised lending exposures
------------+Article 122a 1.
------------+Article 122a 2.
------------+Article 122a 3.
------------+Article 122a 4.
---------+Article 123 Retail exposures
------------+Article 123 1.
------------+Article 123 2.
------------+Article 123 3.
------------+Article 123 4.
------------+Article 123 5.
---------+Article 123a Exposures with a currency mismatch
------------+Article 123a 1.
------------+Article 123a 2.
------------+Article 123a 3.
---------+Article 124 Exposures secured by mortgages on immovable property
------------+Article 124 1.
------------+Article 124 2.
------------+Article 124 3.
------------+Article 124 4.
------------+Article 124 5.
------------+Article 124 6.
------------+Article 124 7.
------------+Article 124 8.
------------+Article 124 9.
------------+Article 124 10.
------------+Article 124 11.
------------+Article 124 12.
------------+Article 124 13.
------------+Article 124 14.
---------+Article 125 Exposures secured by mortgages on residential property
------------+Article 125 1.
------------+Article 125 2.
------------+Article 125 3.
---------+Article 126 Exposures secured by mortgages on commercial immovable property
------------+Article 126 1.
------------+Article 126 2.
------------+Article 126 3.
------------+Article 126 4.
---------+Article 126a Land acquisition, development and construction exposures
------------+Article 126a 1.
------------+Article 126a 2.
------------+Article 126a 3.
---------+Article 127 Exposures in default
------------+Article 127 1.
------------+Article 127 2.
------------+Article 127 3.
---------+Article 128 Subordinated debt exposures
------------+Article 128 1.
------------+Article 128 2.
---------+Article 129 Exposures in the form of covered bonds
------------+Article 129 1.
------------+Article 129 1a.
------------+Article 129 1b.
------------+Article 129 1c.
------------+Article 129 1d.
------------+Article 129 2.
------------+Article 129 3.
------------+Article 129 3a.
------------+Article 129 3b.
------------+Article 129 4.
------------+Article 129 5.
------------+Article 129 6.
------------+Article 129 7.
---------+Article 130 Items representing securitisation positions
---------+Article 131 Exposures to institutions and corporates with a short-term credit assessment
---------+Article 132 Own funds requirements for exposures in the form of units or shares in CIUs
------------+Article 132 1.
------------+Article 132 2.
------------+Article 132 3.
------------+Article 132 4.
------------+Article 132 5.
------------+Article 132 6.
------------+Article 132 7.
---------+Article 132a Approaches for calculating risk-weighted exposure amounts of CIUs
------------+Article 132a 1.
------------+Article 132a 2.
------------+Article 132a 3.
------------+Article 132a 4.
---------+Article 132b Exclusions from the approaches for calculating risk-weighted exposure amounts of CIUs
------------+Article 132b 1.
------------+Article 132b 2.
---------+Article 132c Treatment of off-balance-sheet exposures to CIUs
------------+Article 132c 1.
------------+Article 132c 2.
------------+Article 132c 3.
---------+Article 133 Equity exposures
------------+Article 133 1.
------------+Article 133 2.
------------+Article 133 3.
------------+Article 133 4.
------------+Article 133 5.
------------+Article 133 6.
------------+Article 133 7.
---------+Article 134 Other items
------------+Article 134 1.
------------+Article 134 2.
------------+Article 134 3.
------------+Article 134 4.
------------+Article 134 5.
------------+Article 134 6.
------------+Article 134 7.
------+Section 3 Recognition and mapping of credit risk assessment
---------+Sub-Section 1 Recognition of ECAIs
------------+Article 135 Use of credit assessments by ECAIs
---------------+Article 135 1.
---------------+Article 135 2.
---------------+Article 135 3.
---------+Sub-Section 2 Mapping of ECAI's credit assessments
------------+Article 136 Mapping of ECAI's credit assessments
---------------+Article 136 1.
---------------+Article 136 2.
---------------+Article 136 3.
---------+Sub-Section 3 Use of credit assessments by Export Credit Agencies
------------+Article 137 Use of credit assessments by export credit agencies
---------------+Article 137 1.
---------------+Article 137 2.
------+Section 4 Use of the ECAI credit assessments for the determination of risk weights
---------+Article 138 General requirements
---------+Article 139 Issuer and issue credit assessment
------------+Article 139 1.
------------+Article 139 2.
------------+Article 139 3.
------------+Article 139 4.
---------+Article 140 Long-term and short-term credit assessments
------------+Article 140 1.
------------+Article 140 2.
---------+Article 141 Domestic and foreign currency items
------------+Article 141 1.
------------+Article 141 2.
---+CHAPTER 3 Internal Ratings Based Approach
------+Section 1 Permission by competent authorities to use the IRB approach
---------+Article 142 Definitions
------------+Article 142 1.
------------+Article 142 2.
---------+Article 143 Permission to use the IRB Approach
------------+Article 143 1.
------------+Article 143 2.
------------+Article 143 3.
------------+Article 143 4.
------------+Article 143 5.
---------+Article 144 Competent authorities' assessment of an application to use an IRB Approach
------------+Article 144 1.
------------+Article 144 2.
---------+Article 145 Prior experience of using IRB approaches
------------+Article 145 1.
------------+Article 145 2.
------------+Article 145 3.
---------+Article 146 Measures to be taken where the requirements of this Chapter cease to be met
---------+Article 147 Methodology to assign exposures to exposure classes
------------+Article 147 1.
------------+Article 147 2.
------------+Article 147 3.
------------+Article 147 3a.
------------+Article 147 4.
------------+Article 147 5.
------------+Article 147 5a.
------------+Article 147 6.
------------+Article 147 7.
------------+Article 147 8.
------------+Article 147 9.
------------+Article 147 10.
------------+Article 147 11.
------------+Article 147 12.
---------+Article 148 Conditions for implementing the IRB Approach across different classes of exposure and business units
------------+Article 148 1.
------------+Article 148 2.
------------+Article 148 3.
---------+Article 149 Conditions to revert to the use of less sophisticated approaches
------------+Article 149 1.
------------+Article 149 2.
------------+Article 149 3.
---------+Article 150 Conditions for permanent partial use
------------+Article 150 1.
------------+Article 150 1a.
------------+Article 150 2a.
------+Section 2 Calculation of risk-weighted exposure amounts
---------+Sub-Section 1 Treatment by type of exposure class
------------+Article 151 Treatment by exposure class
---------------+Article 151 1.
---------------+Article 151 2.
---------------+Article 151 3.
---------------+Article 151 5.
---------------+Article 151 6.
---------------+Article 151 7.
---------------+Article 151 8.
---------------+Article 151 9.
---------------+Article 151 10.
---------------+Article 151 11.
------------+Article 152 Treatment of exposures in the form of units or shares in CIUs
---------------+Article 152 1.
---------------+Article 152 2.
---------------+Article 152 3.
---------------+Article 152 4.
---------------+Article 152 5.
---------------+Article 152 6.
---------------+Article 152 7.
---------------+Article 152 8.
---------------+Article 152 9.
---------+Sub-Section 2 Calculation of risk-weighted exposure amounts for credit risk
------------+Article 153 Risk-weighted exposure amounts for exposures to central governments and central banks, exposures to regional governments, local authorities and public sector entities, exposures to institutions and exposures to corporates
---------------+Article 153 1.
---------------+Article 153 2.
---------------+Article 153 4.
---------------+Article 153 5.
---------------+Article 153 6.
---------------+Article 153 7.
---------------+Article 153 8.
---------------+Article 153 9.
------------+Article 154 Risk-weighted exposure amounts for retail exposures
---------------+Article 154 1.
---------------+Article 154 3.
---------------+Article 154 4.
---------------+Article 154 5.
---------------+Article 154 6.
---------------+Article 154 7.
------------+Article 156 Risk-weighted exposure amounts for other non credit-obligation assets
---------+Sub-Section 3 Calculation of risk-weighted exposure amounts for dilution risk of purchased receivables
------------+Article 157 Risk-weighted exposure amounts for dilution risk of purchased receivables
---------------+Article 157 1.
---------------+Article 157 2.
---------------+Article 157 3.
---------------+Article 157 4.
---------------+Article 157 5.
---------------+Article 157 6.
------+Section 3 Expected loss amounts
---------+Article 158 Treatment by exposure type
------------+Article 158 1.
------------+Article 158 2.
------------+Article 158 3.
------------+Article 158 4.
------------+Article 158 5.
------------+Article 158 6.
------------+Article 158 9a.
------------+Article 158 10.
---------+Article 159 Treatment of expected loss amounts, IRB shortfall and IRB excess
------------+Article 159 1.
------------+Article 159 2.
------+Section 4 PD, LGD and maturity
---------+Sub-Section - 1 Exposures covered by guarantees provided by Member States’ central governments and central banks or the ECB
------------+Article 159a Non-application of PD, LGD and CCF input floors
---------+Sub-Section 1 Exposures to corporates, institutions, central governments and central banks, regional governments, local authorities and public sector entities
------------+Article 160 Probability of default (PD)
---------------+Article 160 1.
---------------+Article 160 1a.
---------------+Article 160 2.
---------------+Article 160 3.
---------------+Article 160 4.
---------------+Article 160 6.
---------------+Article 160 7.
------------+Article 161 Loss Given Default (LGD)
---------------+Article 161 1.
---------------+Article 161 2.
---------------+Article 161 3.
---------------+Article 161 4.
---------------+Article 161 5.
---------------+Article 161 6.
---------------+Article 161 7.
------------+Article 162 Maturity
---------------+Article 162 1.
---------------+Article 162 2.
---------------+Article 162 3.
---------------+Article 162 4.
---------------+Article 162 5.
---------------+Article 162 6.
---------+Sub-Section 2 Retail exposures
------------+Article 163 Probability of default (PD)
---------------+Article 163 1.
---------------+Article 163 2.
---------------+Article 163 3.
---------------+Article 163 4.
------------+Article 164 Loss Given Default (LGD)
---------------+Article 164 1.
---------------+Article 164 2.
---------------+Article 164 4.
---------------+Article 164 4a.
---------------+Article 164 5.
---------------+Article 164 6.
---------------+Article 164 7.
---------------+Article 164 8.
---------------+Article 164 9.
---------------+Article 164 10.
------+Section 5 Exposure value
---------+Article 166 Exposures to corporates, institutions, central governments and central banks, regional governments, local authorities and public sector entities and retail exposures
------------+Article 166 1.
------------+Article 166 2.
------------+Article 166 3.
------------+Article 166 4.
------------+Article 166 5.
------------+Article 166 6.
------------+Article 166 7.
------------+Article 166 8.
------------+Article 166 8a.
------------+Article 166 8b.
------------+Article 166 8c.
------------+Article 166 9.
---------+Article 168 Other non credit-obligation assets
------+Section 6 Requirements for the IRB approach
---------+Sub-Section 3 Validation of internal estimates
------------+Article 185 Validation of internal estimates
---------+Sub-Section 5 Internal governance and oversight
------------+Article 189 Corporate Governance
---------------+Article 189 1.
---------------+Article 189 2.
---------------+Article 189 3.
------------+Article 190 Credit risk control
---------------+Article 190 1.
---------------+Article 190 2.
---------------+Article 190 3.
---------------+Article 190 4.
------------+Article 191 Internal Audit
---------+Sub-Section 1 Rating systems
------------+Article 169 General principles
---------------+Article 169 1.
---------------+Article 169 2.
---------------+Article 169 3.
------------+Article 170 Structure of rating systems
---------------+Article 170 1.
---------------+Article 170 2.
---------------+Article 170 3.
---------------+Article 170 4.
------------+Article 171 Assignment to grades or pools
---------------+Article 171 1.
---------------+Article 171 2.
---------------+Article 171 3.
------------+Article 172 Assignment of exposures
---------------+Article 172 1.
---------------+Article 172 2.
---------------+Article 172 3.
------------+Article 173 Integrity of assignment process
---------------+Article 173 1.
---------------+Article 173 2.
---------------+Article 173 3.
------------+Article 174 Use of models
------------+Article 175 Documentation of rating systems
---------------+Article 175 1.
---------------+Article 175 2.
---------------+Article 175 3.
---------------+Article 175 4.
---------------+Article 175 5.
------------+Article 176 Data maintenance
---------------+Article 176 1.
---------------+Article 176 2.
---------------+Article 176 3.
---------------+Article 176 4.
---------------+Article 176 5.
------------+Article 177 Stress tests used in assessment of capital adequacy
---------------+Article 177 1.
---------------+Article 177 2.
---------------+Article 177 2a.
---------+Sub-Section 2 Risk quantification
------------+Article 183 Requirements for assessing the effect of unfunded credit protection for exposures to central governments and central banks, exposures to regional governments, local authorities and public sector entities, and exposures to corporates, where own estimates of LGD are used and for retail exposures
---------------+Article 183 1.
---------------+Article 183 1a.
---------------+Article 183 2.
---------------+Article 183 3.
---------------+Article 183 4.
---------------+Article 183 5.
------------+Article 184 Requirements for purchased receivables
---------------+Article 184 1.
---------------+Article 184 2.
---------------+Article 184 3.
---------------+Article 184 4.
---------------+Article 184 5.
---------------+Article 184 6.
------------+Article 178 Default of an obligor or credit facility
---------------+Article 178 1.
---------------+Article 178 2.
---------------+Article 178 3.
---------------+Article 178 4.
---------------+Article 178 5.
---------------+Article 178 6.
---------------+Article 178 7.
------------+Article 179 Overall requirements for estimation
---------------+Article 179 1.
---------------+Article 179 2.
------------+Article 180 Requirements specific to PD estimation
---------------+Article 180 1.
---------------+Article 180 2.
---------------+Article 180 3.
------------+Article 181 Requirements specific to own-LGD estimates
---------------+Article 181 1.
---------------+Article 181 2.
---------------+Article 181 3.
---------------+Article 181 4.
---------------+Article 181 5.
------------+Article 182 Requirements specific to own-conversion factor estimates
---------------+Article 182 4.
---------------+Article 182 5.
---------------+Article 182 1.
---------------+Article 182 1a.
---------------+Article 182 1b.
---------------+Article 182 1c.
---------------+Article 182 1d.
---------------+Article 182 2.
---------------+Article 182 3.

TITLE II CAPITAL REQUIREMENTS FOR CREDIT RISK

TITLE II CAPITAL REQUIREMENTS FOR CREDIT RISK

1. Overview

,
CHAPTER 1 General principles CHAPTER 1 General principles
CHAPTER 2 Standardised approach CHAPTER 2 Standardised approach
CHAPTER 3 Internal Ratings Based Approach CHAPTER 3 Internal Ratings Based Approach
CHAPTER 4 Credit risk mitigation CHAPTER 4 Credit risk mitigation
CHAPTER 5 Securitisation CHAPTER 5 Securitisation
CHAPTER 6 Counterparty credit risk CHAPTER 6 Counterparty credit risk

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements

3. Related Standards

Standards