TITLE IQUANTITATIVE FACTORS, QUALITATIVE FACTORS AND BENCHMARK
CHAPTER 2 Qualitative factors
Article 12Estimate provided by the ECAI of the long run default rate associated with all items assigned the same rating category
The estimate provided by the ECAI of the long run default rate associated with all items assigned the same rating category shall be taken into account for the purpose of the mapping as long as it has been adequately justified.