46.

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

Under the Ratings Based Method, the risk-weighted exposure amount of a rated securitisation position shall be calculated by applying to the exposure value the risk weight associated with the credit quality step with which the credit assessment has been determined to be associated by the competent authorities in accordance with Article 98, as set out in the Tables 4 and 5, multiplied by 1,06. Table 4 Positions other than ones with short-term credit assessments Credit Quality Step (CQS) Risk weight A B C CQS 1 7 % 12 % 20 % CQS 2 8 % 15 % 25 % CQS 3 10 % 18 % 35 % CQS 4 12 % 20 % 35 % CQS 5 20 % 35 % 35 % CQS 6 35 % 50 % 50 % CQS 7 60 % 75 % 75 % CQS 8 100 % 100 % 100 % CQS 9 250 % 250 % 250 % CQS 10 425 % 425 % 425 % CQS 11 650 % 650 % 650 % Below CQS 11 1250 % 1250 % 1250 % Table 5 Positions with short term credit assessments Credit Quality Step (CQS) Risk weight A B C CQS 1 7 % 12 % 20 % CQS 2 12 % 20 % 35 % CQS 3 60 % 75 % 75 % All other credit assessments 1250 % 1250 % 1250 %

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