Division 64 With this background the assessment ranking in the decision tree mentioned below shall follow the following order:F1

Securitisation positions;

Items associated with particular high risk;

Equity exposures

Exposures in default;

Exposures in the form of units or shares in collective investment undertakings ( ‘ CIU ’ )/Exposures in the form of covered bonds (disjoint exposure classes);

Exposures secured by mortgages on immovable property;

Other items;

Exposures to institutions and corporates with a short-term credit assessment;

All other exposure classes (disjoint exposure classes) which include Exposures to central governments or central banks; Exposures to regional governments or local authorities; Exposures to public sector entities; Exposures to multilateral development banks; Exposures to international organisations; Exposures to institutions; Exposures to corporate and Retail exposures.