2. Permanent partial use of the IRC should not apply to sovereign bonds and derivative products …

Permanent partial use of the IRC should not apply to sovereign bonds and derivative products referencing sovereign bonds since – from a modelling point of view - the inclusion of these positions in the specific risk model and consequently in the IRC framework is not considered to be particularly challenging.

1. Forbhreathnú

1.1 Tagairtí

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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