30. For the purpose of paragraph 28(b) and in order to ensure that the definition of default …

For the purpose of paragraph 28(b) and in order to ensure that the definition of default underlying the data used for risk quantification from each data source is consistent with the requirements of Article 178 of Regulation (EU) No 575/2013, institutions should compare the definition of default applied by the institution currently with the definitions used for the observations included in the dataset used for risk quantification. Where the definition of default has changed during the historical observation period institutions should assess the representativeness of historical data included in the RDS and used for risk quantification in the same way as specified for external data in Chapter 6 of the EBA Guidelines on the application of the definition of default under Article 178 of Regulation (EU) No 575/2013. Where the definition of default has changed during the historical observation period more than once, institutions should perform the analysis of each of the past definitions of default separately.

1. Forbhreathnú

1.1 Tagairtí

• Airteagal 178 Mainneachtain oibleagáideora nó saoráide creidmheasa

1.2 Ceanglais aitheanta

1.3 Caighdeáin ghaolmhara

2. Ceanglais aitheanta

3. Caighdeáin ghaolmhara

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