Updated 13/04/2024
In force

Version from: 09/01/2024
Amendments
There is currently no Level 2 legal act based on or specifying Article 141.
Search within this legal act

Article 141 - Domestic and foreign currency items

Article 141

Domestic and foreign currency items

A credit assessment that refers to an item denominated in the obligor's domestic currency cannot be used to derive a risk weight for another exposure on that same obligor that is denominated in a foreign currency.

When an exposure arises through an institution's participation in a loan that has been extended by a multilateral development bank whose preferred creditor status is recognised in the market, the credit assessment on the obligors' domestic currency item may be used for risk weighting purposes.