+111. Where institutions derive LGD estimates from realised losses and appropriate estimates of PDs …

111. Where institutions derive LGD estimates from realised losses and appropriate estimates of PDs …

Where institutions derive LGD estimates from realised losses and appropriate estimates of PDs in accordance with Articles 161(2) and 181(2)(a) of Regulation (EU) 575/2013 they should use a RDS that includes realised losses on all defaults identified during the historical observation period specified in accordance with section 6.3.2.1 and relevant drivers of loss.

1. Overview

Summary	Regulation

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

Requirements
Source	Requirement

3. Related Standards

Standards
Source	Requirement

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