Article 201 - Eligibility of protection providers under all approaches
Table of content
Eligibility of protection providers under all approaches
Institutions may use the following parties as eligible providers of unfunded credit protection:
central governments and central banks;
regional governments or local authorities;
multilateral development banks;
international organisations exposures to which a 0 % risk weight under Article 117 is assigned;
public sector entities, claims on which are treated in accordance with Article 116;
those other corporate entities have a credit assessment by an ECAI;
qualifying central counterparties.
Competent authorities shall publish and maintain the list of those financial institutions that are eligible providers of unfunded credit protection under point (f) of paragraph 1, or the guiding criteria for identifying such eligible providers of unfunded credit protection, together with a description of the applicable prudential requirements, and share their list with other competent authorities in accordance with Article 117 of Directive 2013/36/EU.