Wrong‐Way Risk

Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) · European Union

Credit institutions shall give due consideration to exposures that give rise to a significant degree of General Wrong‐Way Risk. Credit institutions shall have procedures in place to identify, monitor and control cases of Specific Wrong‐Way Risk, beginning at the inception of a transaction and continuing through the life of the transaction.

← anx_III__cpt_6__cpt_5__point_33__text_1 · All articles · 34. →

Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.