Past Due Loans
CA-3.2.21
The unsecured portion of any loan (other than a qualifying residential mortgage loan) that is past due for 90 days or more, net of specific provisions (including partial write-offs), must be risk-weighted as follows:
(a) 150% risk weight when specific provisions are less than 20% of the outstanding amount of the loan; and(b) 100% risk weight when specific provisions are greater than 20% of the outstanding amount of the loan.January 2015CA-3.2.22
For the purposes of defining the secured portion of a past due loan, eligible collateral and guarantees is the same as for
credit risk mitigation purposes.January 2015CA-3.2.23
Past due retail loans must be excluded from the overall regulatory retail portfolio when assessing the granularity criterion, for risk-weighting purposes.
January 2015CA-3.2.24
In the case of residential mortgage loans that qualify for lower risk weight in CA-3.2.19A, when such loans are past due for more than 90 days, they must be risk weighted at a minimum of 100% net of specific provisions.
January 2015
