EBU Single Rulebook Q&A 8 October 2013 2013_354 Discounts on balance sheet exposures purchased when not in default

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European Union · · · 11-04-2014

In Regulation (EU) No 575/2013 (CRR) Article 159 it states: "......Discounts on balance sheet exposures purchased when in default in accordance with Article 166(1) shall be treated in the same manner as specific credit risk adjustments.

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