# Commission Delegated Regulation (EU) 2017/72 of 23 September 2016 supplementing Regulation (EU) No 575/2013 of the European Parliament and of the Council with regard to regulatory technical standards specifying conditions for data waiver permissions (Text with EEA relevance), Article 1: Subject matter

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

This Regulation lays down the mandatory conditions under which competent authorities may grant institutions the permissions to use data covering a period of two rather than five years for probability of default (‘PD’), own loss given default (‘own-LGD’) and own-conversion factor estimates as set out in point (h) of Article 180(1), point (e) of Article 180(2), and Articles 181(2) and 182(3) of Regulation (EU) No 575/2013 (‘data waiver permissions’).

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Source: https://www.legislation.gov.uk/eur/2017/72/article/1 (the official version)
Page: https://openlegislation.uk/eu-regulation-2017-72/article-1
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.