222. When using the value of collateral in assessing the recoverable amount of the exposure, at …

When using the value of collateral in assessing the recoverable amount of the exposure, at least the following should be documented:

• a) how the value was determined, including the use of appraisals, valuation assumptions and calculations;
• b) the supporting rationale for adjustments to appraised values, if any;
• c) the determination of selling costs, if applicable;
• d) the assumed timeline to recover;
• e) the expertise and independence of the appraiser.

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

• EBA - Published by the European Banking Authority at https://www.eba.europa.eu/