CA-4.5.7
Past version: Effective from 01 Apr 2008 to 31 Mar 2011
To view other versions open the versions tab on the right
Credit protection given by the following entities will be recognised:
(a) sovereign entities29, PSEs, banks30 and securities firms with a lower risk weight than the counterparty;
(b) other entities rated A- or better. This would include credit protection provided by parent, subsidiary and affiliate companies when they have a lower risk weight than the obligor.
29 This includes the Bank for International Settlements, the International Monetary Fund, the European Central Bank and the European Community, as well as those MDBs referred to in footnote 24.
30 This includes other MDBs.
Apr 08