Drives the CRR3 transitional rules: equity phase-in, unconditionally cancellable commitments, object finance and the output floor rate.
Mapping shown for S&P long-term ratings, Implementing Regulation (EU) 2016/1799.
Used for legacy sovereign-based treatment and floors, and unrated public sector exposures.
Corporate SME eligibility follows the applicable EU CRR requirements.
The counterparty risk weight applies to the part above 55% of the property value, and to the whole exposure when the conditions are not met.
Article 123a: natural persons only; at least 90% hedging and the euro–ERM II exception apply.
Total owed by the connected client group to the banking group, including defaults and excluding residential mortgages. If this total is zero, use the excluded residential exposures.