Updated 17/10/2024
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Article 6 - Prior experience when calculating KIRB

Article 6

Prior experience when calculating KIRB

For the purposes of this Regulation, an institution that has received permission to apply the IRB approach for at least one rating system for own-originated exposures within the exposure class to which the qualifying securitised exposures are assigned shall be considered to have gained the experience required by Article 145 of Regulation (EU) No 575/2013.