185. Where none of the conditions listed in paragraph 184 is met, institutions should adjust the …

Where none of the conditions listed in paragraph 184 is met, institutions should adjust the long run average LGD for defaulted exposures to reflect current economic conditions. In this case institutions should document separately the long-run average LGD for defaulted exposures, referred to in paragraph 180, and the adjustment to current economic conditions.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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