71. Exclusion of observations from the one-year default rate calculation should be undertaken only …

Exclusion of observations from the one-year default rate calculation should be undertaken only in the following two situations:

• (a) obligors wrongly included in the data set of defaults, as they did not default in the meaning of the definition of default pursuant to Article 178 of Regulation (EU) No 575/2013 as further specified in the Guidelines on the application of the definition of default of an obligor under that Article should not be included in the numerator of the one-year default rate;
• (b) obligors wrongly assigned to the considered rating model, despite not falling in the range of application of that rating model, should be excluded from both the numerator and the denominator of the one-year default rate.

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

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