45. The requirement in the previous paragraph should be considered to have been met where either of …

The requirement in the previous paragraph should be considered to have been met where either of the following applies:

• (a) the underlying exposures do not include exposures that are classified as doubtful, impaired, non-performing or classified to the similar effect under the relevant accounting principles;
• (b) the underlying exposures do not include exposures whose credit quality, based on credit ratings or other credit quality thresholds, significantly differs from the credit quality of comparable exposures that the originator originates in the course of its standard lending operations and credit risk strategy.

4.6 At least one payment made (Article 20(12))

Scope of the criterion

1. Overview

1.1 References

1.2 Identified Requirements

1.3 Related Standards

2. Identified Requirements

3. Related Standards

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