Directive 2006/48/EC of the European Parliament and of the Council of 14 June 2006 relating to the taking up and pursuit of the business of credit institutions (recast) (Text with EEA relevance) (repealed) (c. 48)

ANNEX VII U.K. INTERNAL RATINGS BASED APPROACH

PART 4 U.K. Minimum requirements for IRB Approach

2. RISK QUANTIFICATION U.K.

2.2. Overall requirements for estimation U.K.

2.2.2. Requirements specific to own-LGD estimates U.K.

Retail exposures U.K.

84. Notwithstanding point 89, credit institutions may reflect future drawings either in their conversion factors or in their LGD estimates. U.K.