http://www.legislation.gov.uk/id/eudr/2006/48/annex/VII/part/3/division/1

ANNEX VIIINTERNAL RATINGS BASED APPROACH

PART 3Exposure value

1.EXPOSURES TO CORPORATES, INSTITUTIONS, CENTRAL GOVERNMENTS AND CENTRAL BANKS AND RETAIL EXPOSURES.

6.

The exposure value for the calculation of risk weighted exposure amounts of purchased receivables shall be the outstanding amount minus the capital requirements for dilution risk prior to credit risk mitigation.