OpenLegislation

Division 1.3 MaturityF1

United Kingdom Repealed

Original text. Later amendments are not shown.

  1. 12Division 12
  2. 13Credit institutions permitted to use own LGDs and/or own conversion factors for exposures to corporates, institutions or central governments and central banks shall calculate M for each of these exposures as set out in (a) to (e) and subject to points 14 to 16. In all cases, M shall be no greater than 5 years:
  3. 14Notwithstanding point 13(a), (b), (c), (d) and (e), M shall be at least one-day for:
  4. 15Division 15
  5. 16Division 16

Annotations

Textual amendments

F1

Repealed by Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC (Text with EEA relevance).