ANNEX VIIIU.K.CREDIT RISK MITIGATION
PART 2U.K.Minimum Requirements
1.FUNDED CREDIT PROTECTIONU.K.
1.3.Financial collateralU.K.
1.3.2.Additional minimum requirements for the recognition of financial collateral under the Financial Collateral Simple MethodU.K.
7.In addition to the requirements set out in point 6, for the recognition of financial collateral under the Financial Collateral Simple Method the residual maturity of the protection must be at least as long as the residual maturity of the exposure.U.K.