EBU Single Rulebook Q&A 19 December 2013 2013_679 Substitution of ratings for CRMT purposes
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European Union · · · 03-10-2014
For the instruments listed in Article 197 of Regulation (EU) No. 575/2013 (CRR), is it possible to use the issuer rating in order to derive eligibility (and haircuts) where no specific instrument rating exists (“substitution”)?
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