Credit risk mitigation: Eligibility of financial collateral – CP1/19

January 10th, 2019

 

 The PRA have published Consultation Paper (CP)1/19, which sets out its proposed changes to Supervisory Statement (SS) 17/13 ‘Credit risk mitigation’ to clarify expectations regarding the eligibility of financial collateral as funded credit protection under Part Three, Title II, Chapter 4 (Credit risk mitigation) of the Capital Requirements Regulation (575/2013) (CRR).

Further details can be found on the Bank’s website here.

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