anx_VII__cpt_1__cpt_1__cpt_1__point_3__text_8

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

for defaulted exposures where credit institutions apply the LGD values set out in Part 2, point 8, RW shall be 0; and for defaulted exposures where credit institutions use own estimates of LGDs, RW shall be Max{0, 12.5 *(LGD-EL_(BE))};

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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.