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

The conditions 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 or non-performing, or classified to a similar effect under the relevant accounting principles;
• b. the underlying exposures do not include exposures to debtors or guarantors whose credit quality, based on credit ratings or other credit quality thresholds, is significantly worse than the credit quality of debtors or guarantors of comparable exposures that the originator originates in the course of its standard lending operations and credit risk strategy. At least one payment made (Article 26b(12) of Regulation (EU) 2017/2402)

Scope of the criterion

1. Overview

1.1 References

• Article 26b 12.

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/