# Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (Text with EEA relevance), Article 234: Calculating risk-weighted exposure amounts and expected loss amounts in the event of partial protection and tranching

Extent: E+W+S+N.I.

Where an institution transfers a part of the risk of a loan in one or more tranches, the rules set out in Chapter 5 shall apply. Institutions may consider materiality thresholds on payments below which no payment shall be made in the event of loss to be equivalent to retained first loss positions and to give rise to a tranched transfer of risk.

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Source: https://www.legislation.gov.uk/eur/2013/575/article/234 (the official version)
Page: https://openlegislation.uk/eu-regulation-2013-575/article-234
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.