EBA consults on Guidelines on credit risk mitigation for institutions applying the IRB approach with own estimates of LGD

26 February 2019

On 25 February 2019, the European Banking Authority (EBA) published a consultation on its Guidelines on Credit Risk Mitigation in the context of the advanced internal rating-based (A-IRB) approach, aiming to eliminate the remaining significant differences in approaches in the area of credit risk mitigation (CRM), which are either due to different supervisory practices or bank-specific choices.

These draft Guidelines complement the EBA Report on CRM, which focused on (SA) and the (F-IRB).

The consultation runs until 25 May 2019 and a public hearing will take place at the EBA premises in Paris on 15 April 2019.

For more information, click here