# Commission Implementing Regulation (EU) 2016/2070 of 14 September 2016 laying down implementing technical standards for templates, definitions and IT-solutions to be used by institutions when reporting to the European Banking Authority and to competent authorities in accordance with Article 78(2) of Directive 2013/36/EU of the European Parliament and of the Council (Text with EEA relevance), Division 4

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

For portfolios defined with a specific rating grade in Annex I, information on the probability of default ( ‘ PD ’ ) shall be reported for the entire rating scale used by the institution, even where no internal-ratings-based ( ‘ IRB ’ ) exposure exists for the respective portfolio at the reporting reference date for each rating grade. In such cases, the exposure at default ( ‘ EAD ’ ) shall be reported as zero and information on the other columns shall not be submitted.

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Source: https://www.legislation.gov.uk/eur/2016/2070/annex/IV/part/1/division/4 (the official version)
Page: https://openlegislation.uk/eu-regulation-2016-2070/annex-IV/part-1/division-4
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.