{
  "url": "https://openlegislation.uk/eu-regulation-2017-180/article-8",
  "json_url": "https://openlegislation.uk/eu-regulation-2017-180/article-8.json",
  "legislation": "eur/2017/180",
  "legislation_title": "Commission Delegated Regulation (EU) 2017/180 of 24 October 2016 supplementing Directive 2013/36/EU of the European Parliament and of the Council with regard to regulatory technical standards for benchmarking portfolio assessment standards and assessment-sharing procedures (Text with EEA relevance)",
  "legislation_url": "https://openlegislation.uk/eu-regulation-2017-180",
  "path": "article/8",
  "kind": "article",
  "number": "8",
  "heading": "Assessment standards for internal approaches for credit risk specific to the LDP",
  "text": "1. When carrying out an assessment referred to in Article 3(1) relating to the LDP counterparties set out in template 101 of Annex I of Implementing Regulation (EU) 2016/2070, competent authorities shall assess whether the differences between the own funds requirements for credit risk of an institution and those of its peers are driven by any of the following:\n(a) different rank ordering of the counterparties included in the LDP samples or different PD levels assigned to each grade;\n(b) specific facility types, collateral instruments or location of the counterparties;\n(c) heterogeneity in the PDs, LGDs, maturities or conversion factors;\n(d) collateralisation practices;\n(e) level of independency from external ratings assessment and frequency in the internal rating update.\n2. Where an institution classifies a counterparty as ‘defaulted’ while other institutions classify it as ‘performing’, or vice versa, competent authorities shall apply the approach referred to in paragraph 1 to that counterparty.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eur/2017/180/article/8",
    "retrieved_at": "2026-11-01T14:45:13.018996+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}