Division 9 The columns of the templates LE2 and LE3 shall present the following blocks of information:F1
United Kingdom
- (a)
the exposure value before application of exemptions and before taking into account the effect of the credit risk mitigation, including the direct, indirect exposure and additional exposures arising from transactions where there is an exposure to underlying assets;
- (b)
the effect of the exemptions and of the credit risk mitigation techniques;
- (c)
the exposure value after application of exemptions and after taking into account the effect of the credit risk mitigation calculated for the purpose of Article 395(1) of CRR.