Division Allocation of credit assessments to credit quality stepsF1
United Kingdom Repealed
- 39Division 39
- 40Division 40
- 41Division 41
- 42The credit quality step pursuant to point 38 of this Annex shall be adjusted to the maturity or recommended holding period of the PRIIP, according to the following table, except where a credit assessment has been assigned that reflects that maturity or recommended holding period):
- 43If the obligor has no external credit assessments, the default credit assessment as referred to in point 38 of this Annex shall be:
Annotations
Textual amendments
- F1
Regulation revoked (6.4.2026) by Financial Services and Markets Act 2023 (c. 29), s. 86(3), Sch. 1 Pts. 1, 3 (with s. 1(4)); S.I. 2025/1078, reg. 7(d)(ii)