+15. Paragraph 52 is replaced by the following: ’52. For the purposes of unlikeliness to pay as …

15. Paragraph 52 is replaced by the following: ’52. For the purposes of unlikeliness to pay as …

Paragraph 52 is replaced by the following:

’52. For the purposes of unlikeliness to pay as referred to in point (d) of Article 178(3) of Regulation (EU) No 575/2013, for each forbearance measure, institutions should calculate the diminished financial obligation and compare it with the threshold referred to in paragraph 51. FINAL REPORT ON AMENDING GL DOD

Where the diminished financial obligation is higher than this threshold, the exposures should be considered defaulted.’

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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